Scooter Braun has sold the master rights to Taylor Swift’s first six albums just 17 months after purchasing it when Braun’s Ithaca Holdings LLC bought Big Machine Label Group (BMLG) – the entity which owned the music assets – and engaged in a monumental feud with Swift over the acquisition.
In June 2019, Ithaca purchased the Nashville-based independent record company, founded by Scott Borchetta in 2005, for a cool $300 million and included in the meteoric deal were all of its business holdings, including recorded music assets, its client roster, distribution deals, publishing and owned artist masters.
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