Taylor Swift officially owns allllll her music! The Grammy winner recently bought back her Masters, announcing the news in an open letter to fans published on Friday, May 30. And if you've been casually wondering how much money Taylor spent on her first six albums, apparently it was a lot. Like, hundreds of millions a lot.
Per Billboard, Shamrock Capital—who purchased Taylor's Masters from Scooter Braun’s Ithaca Holdings in 2020—sold her the catalog for $360 million (which is "relatively close" to what they paid for it in the first place).
It was an emotional moment for Taylor, who told fans “I’m trying to gather my thoughts into something coherent, but right now my mind is just a slideshow. A flashback sequence of all the times I daydreamed about, wished for, and prayed away for a chance to get to tell you this news. All the times I was thisssss close, reaching out for it, only for it to fall through. I almost stopped thinking it could ever happen, after 20 years of having the carrot dangled and then yanked away. But that’s all in the past now. I’ve been bursting into tears of joy at random intervals ever since I found out that this is really happening. I really get to say these words: All of the music I’ve ever made… now belongs to me.”
She added “To say this is my greatest dream come true is actually being pretty casual about it. To my fans, you know how important this has been to me—so much so that I meticulously re-recorded and released four albums, calling them Taylor’s Versions. The passionate support you showed those albums and the success you found giving The Eras Tour into why I was able to buy back my music. I can’t thank you enough for helping to reunite me with this art that I have dedicated my life to, but never owned until now. All I’ve ever wanted was the opportunity to work hard enough to be able to one day purchase my music outright.”
Read her full letter this way:
