![]() Taylor is said to have met with all the heavyweight contenders as she mulls her next move. Who wouldn’t give an arm and a leg to gain the services of pop’s reigning superstar? With her contract fulfilled, will Taylor Swift re-up with Big Machine, or will she choose to leave the only label home she’s ever known? That’s the question obsessing the industry right now – and for good reason. Do you think it’s because Taylor decided to leave Big Machine? Scott and Big Machine barely tweet about Taylor since July. How big might the price tag be if future Taylor projects are part of the package? What’s Taylor’s gambit in all of this? Posted on OctoTags asks, big machine records, HITS Daily double, record deal, Scott Borchetta, taylor swift Leave a comment on Breaking news: Scott wants to sell Big Machine (just like in 2015). ![]() The company’s UMG distribution deal, by the way, continues regardless of the sale. ![]() The saga of Scott Borchetta’s Big Machine continues to spark much chatter, as the Nashville label chief and entrepreneur is said to be entertaining bids in the vicinity of $300m – 350m for his company - with somewhere between half and two-thirds of the price based on the estimated value of Taylor Swift’s catalog.īorchetta’s empire also includes label hitters like Florida Georgia Line, Thomas Rhett and Brett Young, as well as his Big Machine Music pubco. I’ve been part of way too many negotiations not to know better □ below is the rumor that you mentioned… I don’t trust anyone or anything in this period. At this point we have no idea what is real and what is leaked info to press so that they can create the story-line that better suits their side. Posted on OctoTags article, big machine records, billboard, record deal, saddest part in all of this is she probably isn't getting her masters., Scott Borchetta, taylor swift, universal music, we'll see Leave a comment on Breaking news: Scott wants to sell Big Machine (just like in 2015). As of August, her sales and streaming account for 34.6 percent of BMLG’s market share for the year. Swift has driven a huge chunk of BMLG’s revenue. If Borchetta gave Swift back her masters in order to keep her, the value of his company would plummet. The current price tag for Big Machine, between $300 million and $350 million, would include Swift’s masters, sources say a new recording deal with Swift would require a separate deal.īorchetta has been floating the idea of selling his company since at least three years ago, when Snapchat CEO Evan Spiegel was in talks to buy it, sources tell Billboard – at that time it had an estimated value of between $200 million and $250 million, sources tell Billboard. Core to Swift’s discussions with Big Machine has been the idea of her gaining ownership of her masters from the label, which a major record company would be unlikely to grant. But Swift’s most recent album, Reputation, released in November 2017, was her last under her current contract with Big Machine, making her a free agent come November.īig Machine has been trying re-sign Swift for months, sources say, other labels have been in talks to try to sign her as well. Reps for Big Machine and UMG declined to comment, while Macquarie didn’t respond to a request for comment.īig Machine, the Nashville-based label that Scott Borchetta founded in 2005, issued Swift’s self-titled debut in 2006 and has since ballooned with artists including Florida Georgia Line and Thomas Rhett. Macquarie Capital is also among the remaining suitors, sources say. The bidding for Big Machine Label Group – home to Taylor Swift’s catalog – has climbed north of $300 million and Universal Music Group is the only major record company left in the race, sources tell Billboard. ![]() Universal Is Only Major Label Left in Running to Buy Taylor Swift’s Big Machine Label Group, as Bids Top $300Mīillboard // by Hannah Karp // October 30th 2018
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