Pop sensation Taylor Swift, embroiled in a dispute with record executives since 2019 over the ownership of her music, has successfully bought back the rights to her entire back catalogue, she announced on Friday.
‘All of the music I’ve ever made… now belongs… to me’, she wrote on her official website, following years of contention over her first six albums, several of which she has re-recorded to create versions she owns outright.
‘To say this is my greatest dream come true is actually an understatement’, she said in a letter addressed to her fans.
‘To my fans, you know how important this has been to me — so much so that I meticulously re-recorded and released four of my albums, branding them as Taylor’s Version’.
These re-recorded albums include the award winning Reputation and Taylor Swift.
Swift repurchased her masters from Shamrock Capital, a Los Angeles-based investment firm, for an undisclosed sum.
The queen of pop, whose nearly two-year-long, $2 billion Eras Tour shattered records, expressed that she was ‘heartened by the conversations this saga has reignited within my industry’.
Swift’s highly lucrative tour, which concluded last year, was a showbusiness phenomenon and likely helped offset the costs of reacquiring her catalogue.
The 149 shows worldwide typically lasted over three hours each.
Tickets for the Eras Tour often sold at premium prices and attracted millions of fans, along with many others who, unable to attend, joined in singing from the parking lots.
