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Taylor Swift To Re-Record Songs After Music Catalogue Is Sold To Private Equity Fund For $300 Million

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The singer has been denied the opportunity to bid on her catalogue without signing an “ironclad NDA.”
Taylor Swift confirmed a report Monday that her music catalogue has been sold to a private equity group without her knowledge or consent — the second time it has been sold in two years — dashing her hopes of regaining control over her music since it was controversially acquired by music mogul Scooter Braun last year, something she described at the time as her “worst case scenario.” In a highly publicised move, Braun’s Ithaca Holdings acquired Swift’s work by buying her former record label, Big Machine—which owns the rights to her first six albums— in 2019 for roughly the same price as it is now selling Swift’s catalogue.

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