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Taylor Swift re-recorded her songs, now owned by an investment fund

2020-11-17T22:50:24.599Z


Rights to the 'You Need To Calm Down' singer's first six albums were sold without her knowledgeTaylor Swift during her acceptance of the best director award for 'The Man' at this year's MTV Video Music AwardsVIACOM / Reuters Taylor Swift confirmed on Monday that she has started recording her old songs again, after the investment fund Shamrock Holdings acquired the rights to her first six albums for an estimated value of more than 250 million euros. The winner of 10 Grammy awards stated on


Taylor Swift during her acceptance of the best director award for 'The Man' at this year's MTV Video Music AwardsVIACOM / Reuters

Taylor Swift confirmed on Monday that she has started recording her old songs again, after the investment fund Shamrock Holdings acquired the rights to her first six albums for an estimated value of more than 250 million euros.

The winner of 10 Grammy awards stated on her Twitter account that she was informed about the transaction through a letter and when it was already consummated and that it was the second time the master recordings of her first melodies were sold without notifying her.

Last year, businessman Scooter Braun bought the rights to the music Swift had recorded between 2005 to 2018 when he acquired Big Machine Label, the artist's former record company before she signed with Universal Music, with whom she has released her last two albums:

Lover

, in 2019, and

Folkore

in June of this year.

This latest album became in October the first to exceed one million sales in the United States in 2020.

'Folklore': Taylor Swift is no longer circumstantial

The relationship between the singer and the businessman has been turbulent.

Swift claims that his lawyers pressured her to sign a confidentiality agreement where she could not make negative statements about Braun, who will continue to bill for the rights to the recordings, videos and the image of the

You Belong to Me

artist

.

The singer stated that re-recording her old songs has been an "exciting and creatively satisfying" experience that has allowed her to "win back her pride" while giving her fans the opportunity to hear her early work without Braun can profit.

Source: elparis

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