Variety.The deal is “believed to be north of $300 million,” according to Variety’s sources. Representatives for Ithaca did not return TheWrap’s request for comment.Braun came to own the masters in 2019 when Ithaca acquired Big Machine Label Group in June.
Swift, who was signed to Big Machine before leaving for Republic Records in 2018, spoke out against the deal on social media at the time.Also Read: Keke Palmer, Taylor Swift and 9 More Artists Whose Music Got Political for the 2020 Election (Video)Swift, saying she felt “sad and grossed out” about the deal, linked Braun to her past disputes with Kanye West and Kim Kardashian in a statement shared to her Tumblr page. “My musical legacy is about to lie in the hands of someone who tried to.
Read more on thewrap.com
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