Taylor Swifts Brutal Legal Battle With Scooter Braun Actually Caused Her Net Worth To Skyrocket

April 03, 2024

Highlights

Taylor Swift's determination to re-record her albums was once a smart industry move, allowing her to regain control of her masters and building up her net worth.
By re-releasing her albums, Swift now not best doubled her luck but additionally incentivized lovers with prior to now unreleased songs.
While Scooter Braun expressed be apologetic about over the sale of Swift's catalog, it is clear that Swift emerged as the financial victor.

Taylor Swift has ruled the pop culture conversation since she arrived at the scene in 2007, however her repute went into any other stratosphere when the musician announced that she could be re-recording all of her studio albums in 2020. The decision used to be seen by industry insiders as a cagey business transfer and a bold stroke of independence by way of enthusiasts.

The decision to re-record her albums stemmed from a legal spat that Swift had with song govt Scooter Braun. Swift and Braun have become one of the defining feuds in recent music history, with the previous repeatedly calling out Braun for being a bully and aligning with artists who have a vendetta towards her (Kanye West being probably the most notable instance).

To Taylor Swift's credit score, she's managed to turn the location into a good and has actually benefited, financially speaking, from her feud with Braun. In fact, she's wealthier than ever.

Taylor Swift Became A Billionaire After Re-Recording The Catalog Scooter Braun Sold

Taylor Swift was once horrified to find out that Scooter Braun, an trade titan she had up to now feuded with, bought Big Machine Records in 2019. The label was once the place Swift recorded her first six studio albums, which effectively supposed that any acquire of a Swift album or move of a Swift track meant that Braun would be getting paid.

Braun then sold the rights to Shamrock Capital, in accordance to Rolling Stone, and Swift claimed that she used to be not told of the sale or given the risk to bid on her personal masters.

This didn't sit down neatly with Swift, and she or he decided to respond by re-recording her six studio albums so that she may regain keep an eye on of her masters and her musical identity. The determination could have appeared like a protracted shot, but it's confirmed to be the must profitable resolution of Swift's entire career.

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By re-recording and re-releasing her albums, Taylor Swift has successfully double-dipped at the good fortune of her initial recordings, while at the identical time incentivizing enthusiasts with songs that had been prior to now unreleased. Swift has re-recorded 4 albums since 2021, and her net worth has skyrocketed accordingly, according to Forbes:

Year	Taylor Swift Net Worth (According To Forbes)
2020	$365 Million
2022	$400 Million
2023	$740 Million
2024	$1.1 Billion

The correlation between Swift's determination to take control of her catalog, and her mind-boggling build up in net worth, is plain. The musician reflected on her triumphant re-release run, and her feelings towards Scooter Braun, during a 2023 profile in Time Magazine:

"It’s all in how you deal with loss. I respond to extreme pain with defiance... My response to anything that happens, good or bad, is to keep making things. Keep making art. But I’ve also learned there’s no point in actively trying to quote-unquote defeat your enemies. Trash takes itself out every single time."

Taylor Swift and Scooter Braun's Feud Resulted In The Singer Saving $300 Million

Taylor Swift has profited from the location that first of all kept her from proudly owning her masters, but it also led to her saving hundreds of thousands of dollars. There's been debate about whether or not Scooter Braun meant to sell Swift's masters again to her, however his resolution to make a deal with Shamrock Capital led to Swift penning an accusatory letter on Tumblr.

In the letter, she claimed that she would have bought her masters if given the danger, and aired out a contractual settlement she felt was once unfair with Big Machine Records:

"For years I asked, pleaded for a chance to own my work. Instead, I was given an opportunity to sign back up to Big Machine Records and ‘earn’ one album back at a time... Scooter has stripped me of my life’s work, that I wasn’t given an opportunity to buy. Essentially, my musical legacy is about to lie in the hands of someone who tried to dismantle it."

Scooter Braun bought Swift's masters to Shamrock Capital for a whopping $300 million. Swift would have had to fit said value if she wanted to own her masters, which might have taken a massive bite out of her net worth (particularly in 2020).

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The proven fact that the musician decided to re-record her albums proved to be a financial stroke of genius, as it not best devalued the Shamrock Capital acquisition however impressed fans to beef up her by means of listening to the re-recorded albums over the new ones.

It's worth noting that Swift owns the masters for every of her albums since Lover (2018), in addition to the re-recordings.

Scooter Braun Has Voiced Regret Over The Sale Of Taylor Swift's Catalog

There does not seem to be any love lost between Taylor Swift and Scooter Braun, and each rank some of the maximum tough figures in the track trade. Swift is the world's biggest celebrity, and Braun has managed trendy icons like Justin Bieber and Ariana Grande. He also made $265 million from the sale of Swift's catalog, according to Music Business Worldwide.

Year	Scooter Braun Net Worth (According To Celebrity Net Worth)
2023	$500 Million

That being mentioned, Braun has voiced some regret over the best way the sale went down. During an look on the NPR podcast The Limit, the music govt admitted to being boastful in his means to the Shamrock Capital deal, and felt that he should have communicated better with Swift.

He did, however, make it clear that he felt misrepresented through the narrative that Swift put in combination:

"I can't put myself in a place of, you know, arrogance to think that someone would just be willing to have a conversation and be excited to work with me... a lot of things got lost in translation.... I didn't appreciate how that all went down. I thought it was unfair. But I also understand, from the other side, they probably felt it was unfair, too."

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Scooter Braun continues to be a a success businessman, but it's transparent from the aftermath of the Taylor Swift legal battle that the latter got here out on best as the financial victor.

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