Sorry, Taylor Swift, your label’s a gold mine – best you ‘shake it off’
As she hits out over the sale of her label, she might do well to heed her new single - 'You Need to Calm Down'
Taylor Swift has become embroiled in a spat with music manager Scooter Braun after he bought the singer’s former label, Big Machine, for $300m (R4.1bn), giving him control of six of her albums.
Big Machine said last week it had been acquired by Braun’s Ithaca Holdings, which is backed by the US private equity giant Carlyle Group, prompting Swift to complain that she had not been offered the chance to buy the rights to her catalogue before it was sold to Braun (whom she accuses of “incessant, manipulative bullying”).
The 29-year-old wrote: “Essentially, my musical legacy is about to lie in the hands of someone who tried to dismantle it.”..