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Taylor Swift<\/strong><\/a> announced Friday that she now owns the master recordings to her first six albums, a happy conclusion to a career-defining feud with retired manager Scooter Braun<\/strong>, who purchased and then sold the recordings to a private equity company in a move Swift called \u201cnefarious,\u201d and provided the impetus for both her (Taylor\u2019s Version)<\/em> re-recording project and an ad hoc crash course in copyright law.<\/p>\n On Friday, Swift posted an emotional statement to her website<\/a> with the news. \u201cI’ve been bursting into tears of joy at random intervals ever since I found out that this is really happening. I really get to say these words: All of the music I’ve ever made…now belongs…to me. And all my music videos. And all the concert films. The album art and photography. The unreleased songs. The memories. The magic. The madness. Every single era. My entire life’s work.\u201d<\/p>\n Swift bought back the master recordings for her first six albums from Shamrock Capital, the private equity firm that itself purchased them in 2020 from Braun’s Ithaca Holdings for $300 million. The details of Swift’s new deal with Shamrock have not been disclosed.<\/p>\n Representatives for Swift and Shamrock did not immediately return Vanity Fair<\/em>\u2019s requests for comment.<\/p>\n The move is the culmination of a feud that can be traced all the way back<\/a> to Kanye West<\/strong>\u2019s infamous utterance of \u201cImma let you finish\u201d onstage at the 2009 MTV VMAs, cutting a stunned Swift\u2019s acceptance speech off to explain why a mortified-looking Beyonc\u00e9<\/strong> should have gotten the honor instead. In the intervening years, Swift\u2019s long-term reaction<\/a> to that incident has upended the music industry. See, West was then managed by Braun, who has since retired from management<\/a> but also shepherded the careers of Selena Gomez, Ariana Grande,<\/strong> and Justin Bieber<\/strong>, among others. In 2017, Swift released Reputation<\/em>, a sonic middle finger to her haters, Braun included. In 2019, Braun purchased Big Machine Records, the label that had released Swift\u2019s first six albums, meaning that her enemy\u2019s ally was in full control of her back catalogue, and would not only make money any time Swift herself saw success, but also that Swift had to get specific permission from Braun<\/a> to use her songs in many cases. Then, in 2020, Braun sold the masters<\/a> to private equity group Shamrock Capital. Swift said<\/a> that she was never given a true opportunity to buy them.<\/p>\n When Swift’s contract with Big Machine expired in November 2018, she signed with Republic Records, and also hatched a plan with a little help from Kelly Clarkson<\/strong><\/a>: She began, one by one, re-recording and re-releasing those early albums, appending (Taylor\u2019s Version)<\/em> to each track and album title to differentiate them from the originals. Beginning in 2021 with the release of Fearless (Taylor’s Version)<\/em>, Swift found ways to encourage the new versions to take precedence on streaming services, cutting Braun and the new owners out of the revenue loop and ensuring that she would eventually hold the rights to at least some<\/em> version of her full catalogue. But the blood, it remained bad.<\/p>\n \u201cTo say this is my greatest dream come true is actually being pretty reserved about it,\u201d Swift wrote in the letter posted Friday. She thanked fans for coming out in droves during her record-breaking Eras Tour<\/a>, which made the billionaire musician even richer<\/a>.<\/p>\n \u201cThe passionate support you showed those albums and the success story you turned The Eras Tour into is why I was able to buy back my music,\u201d she wrote of the tour and re-releases. \u201cI can’t thank you enough for helping to reunite me with this art that I have dedicated my life to, but have never owned until now.\u201d<\/p>\n Recent reports quoted anonymous sources hinting that Swift may have the chance to strike a deal with Shamrock, but with one huge error: They claimed that Braun was actively encouraging Shamrock to work with the musician.<\/p>\n On Friday, an unnamed source \u201cclose to contract negotiations\u201d told Vanity Fair<\/em> that that was not true.<\/p>\n \u201cContrary to a previous false report, there was no outside party who \u2018encouraged\u2019 this sale. All rightful credit for this opportunity should go to the partners at Shamrock Capital and Taylor\u2019s Nashville-based management team only,\u201d the source said. \u201cTaylor now owns all of her music, and this moment finally happened in spite of Scooter Braun, not because of him.\u201d<\/p>\n<\/div>\n