Taylor Swift Paid $360 Million to Buy Back Her Songs — Report
Taylor Swift has recently bought back her music, rewriting the narrative of artistic freedom. Years after Scooter Braun bought the masters to her first six studio albums, they were sold to Shamrock Capital. The pop star reportedly paid an estimated $360 million to buy back the rights to her music. This chapter marks a major milestone in Swift's career after a long-fought battle over artistic control.
In a landmark move, Taylor Swift reportedly bought back her music for almost $360 million. The master of her early discography, from her self-titled debut to 'Reputation,' was sold off in 2019. Scooter Braun's Ithaca Holdings purchased the albums, which were later sold to a private equity firm, Shamrock Capital. Swift was not aware of the negotiations and learned about the deals after they were finalized.
As per Billboard, Shamrock Capital struck a deal with Swift to sell the rights back to her. Moreover, they aligned the purchase price roughly with the firm's original investment. The firm reportedly made around $100 million during its three-year ownership of Swift's masters. However, it sold them off to the 'Cruel Summer' singer with little to no additional profit by striking the estimated $360 million deal.
Swift has been vocal about the importance of artists' rights over their music since the ordeal began. As a result of the unprecedented acquisition of her albums by Braun, the Grammy winner publicly committed to re-recording the six albums. She began recording them under the banner of 'Taylor's Version,' adding songs 'From the Vault.'
Her re-recorded albums dominated the charts, even outperforming the originals in streaming and sales, according to Billboard. Swift's hard-won victory marks a turning point for artists' rights, creating a broader impact. Besides, her estimated net worth is already among the highest for musicians worldwide. Now that the singer-songwriter has full control over the masters, her net worth will likely see further growth.
Originally reported by Ishika Mishra on Reality Tea.
The post Taylor Swift Paid $360 Million to Buy Back Her Songs — Report appeared first on Mandatory.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
36 minutes ago
- Forbes
Billie Eilish's Year-Old Album Returns To No. 1 On Multiple Charts
Billie Eilish's Hit Me Hard and Soft returns to No. 1 on two Billboard charts as it rises across ... More several tallies thanks to its one-year anniversary and her ongoing tour. LOS ANGELES, CALIFORNIA - MARCH 17: (FOR EDITORIAL USE ONLY) Billie Eilish performs onstage at the 2025 iHeartRadio Music Awards at Dolby Theatre in Los Angeles, California on March 17, 2025. Broadcasted live on FOX. (Photo byfor iHeartRadio) Billie Eilish is currently in the midst of her Hit Me Hard and Soft: The Tour. The singer-songwriter began the trek in the fall of 2024 and has dates scheduled through late 2025. At the moment, she's playing to massive crowds across Europe, and in the fall, she will return to the United States for a second leg due to overwhelming demand. The album that Eilish is promoting via the trek, Hit Me Hard and Soft, recently celebrated its first anniversary — and yet the American public is not done listening to it. Not even close. Hit Me Hard and Soft appears on half a dozen Billboard charts in the U.S. this week, and it climbs on every tally it inhabits. That's an impressive showing for a title that has now spent just over one year on each ranking it finds space on. Eilish's third full-length rises highest on both the Top Rock & Alternative Albums and Top Alternative Albums charts. Last frame, the title sat in the runner-up position on both, but now it's returned to No. 1. Eilish has now led the Top Rock & Alternative Albums roster for 41 frames with Hit Me Hard and Soft, while the collection has conquered the Top Alternative Albums tally for 46 stretches. Hit Me Hard and Soft also bolts back into the top 10 on three other Billboard lists. It climbs to No. 10 from No. 11 on the Top Streaming Albums chart and improves from eleventh place to ninth on both the Billboard 200 and Vinyl Albums rankings. The Grammy-nominated effort only misses out on a top 10 showing on the Top Album Sales chart, though it does gain ground there, jumping from No. 18 to No. 15. Interestingly, Hit Me Hard and Soft climbs across the board, even though total consumption of the project is actually down. Luminate reports that the set shifted 31,200 equivalent units in the past tracking period — a dip of just 1.5% from the previous frame. That said, sales of the full-length did rise, growing 6% to more than 4,100 copies.
Yahoo
2 hours ago
- Yahoo
Why I Own XRP (Ripple) as Part of a Balanced Portfolio
XRP serves as a strategic hedge against inefficiencies in global financial systems. Unlike speculative crypto plays, XRP has real utility, processing over 1 million daily transactions. This 1% position provides portfolio insurance within my conservative 3% total crypto allocation. 10 stocks we like better than XRP › As an emerging tech investor focused primarily on growth stocks and disruptive technologies, I've built most of my portfolio around companies revolutionizing artificial intelligence (AI), cloud computing, and digital transformation. However, I also maintain strategic positions in select cryptocurrencies -- not as speculative bets, but as calculated hedges against traditional financial systems. Among my crypto holdings, which include Bitcoin (CRYPTO: BTC), Cardano (CRYPTO: ADA) and Dogecoin (CRYPTO: DOGE), XRP (CRYPTO: XRP) stands out as my most conviction-driven position. The crypto market has matured significantly since the speculative frenzy of previous cycles. Today's landscape offers genuine utility tokens solving real-world problems, and XRP exemplifies this evolution. While my tech stocks represent investments in companies disrupting existing industries, XRP serves a different purpose entirely: It's my hedge against the inefficiencies of global finance itself. The current SWIFT system takes 18 hours and costs up to $50 per international transfer, while XRP settles in seconds for roughly $0.0002 per transaction. While the SEC lawsuit isn't fully resolved -- Judge Torres rejected a key settlement motion in May -- both parties appear to be moving toward resolution. Rumors suggest a potential settlement announcement as early as June 13, which, combined with Trump's crypto-friendly stance and potential exchange-traded fund (ETF) approval, create a unique opportunity. But I'm not chasing quick gains -- I view XRP as essential portfolio insurance that could appreciate significantly as traditional finance struggles to keep pace with our digital economy. XRP represents my bet that traditional banking infrastructure will eventually be disrupted by blockchain technology. RippleNet already processes over 1 million transactions daily, proving that financial institutions are adopting this technology at scale. While SWIFT handles $150 trillion in annual transfers with its antiquated system, XRP demonstrates that cross-border payments can settle in seconds for fractions of a penny instead of days for $30 to $50. By owning XRP, I'm positioning myself to benefit when this superior technology inevitably displaces legacy systems. If blockchain disrupts traditional payment networks the way the internet disrupted media companies, XRP could appreciate significantly as the infrastructure powering that transformation. While I own Bitcoin as a digital gold hedge, Cardano for its academic approach to blockchain development, and Dogecoin as a small speculative position, XRP fills an entirely different role. Unlike most cryptocurrencies still searching for use cases, Ripple Labs has established partnerships with financial institutions and supports over 1,500 projects on the XRP Ledger. The recent launch of Ripple's RLUSD (CRYPTO: RLUSD) stablecoin further validates this ecosystem approach, positioning XRP to capture value, as the stablecoin market is expected to grow from around $204 billion in 2024 to $3.7 trillion by 2030. This combination of real utility, institutional partnerships, and expanding use cases sets XRP apart from purely speculative crypto plays. Polymarket shows 90% odds of an XRP ETF approval this year, which Standard Chartered estimates could drive $4 billion to $8 billion in first-year inflows -- equivalent to adding a PayPal-sized buyer to the market. However, meaningful institutional adoption depends on the final SEC lawsuit resolution. The June 13 settlement rumors matter less than the eventual regulatory clarity, which would remove the last major barrier preventing institutions from adding XRP to portfolios. Until then, I view current prices as an opportunity to accumulate before broader market participation. I dollar-cost average into XRP monthly, keeping emotions out of the equation. This isn't about chasing Standard Chartered's eye-popping $12.5 price target or timing market cycles -- it's about methodically building a position in a technology I believe will become essential infrastructure. Just as I accumulated cloud computing stocks before enterprises fully embraced the technology, I'm positioning in XRP before traditional finance fully embraces blockchain settlement. Despite the compelling use case, I only maintain a 1% portfolio allocation in this cryptocurrency. As such, my XRP allocation won't make or break my financial future, but it provides exposure to a potentially massive shift in how money moves globally. If I'm wrong, I lose 1%. If I'm right about blockchain disrupting SWIFT's $150 trillion annual flow, the upside justifies the risk. That's the kind of asymmetric opportunity I seek as an emerging tech investor. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 George Budwell has positions in Bitcoin, Cardano, Dogecoin, and XRP. The Motley Fool has positions in and recommends Bitcoin, PayPal, and XRP. The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short June 2025 $77.50 calls on PayPal. The Motley Fool has a disclosure policy. Why I Own XRP (Ripple) as Part of a Balanced Portfolio was originally published by The Motley Fool Sign in to access your portfolio
USA Today
2 hours ago
- USA Today
Connections hints, clues and answers on Thursday, June 5 2025
Connections hints, clues and answers on Thursday, June 5 2025 WARNING: THERE ARE CONNECTIONS SPOILERS AHEAD! DO NOT READ FURTHER IF YOU DON'T WANT THE JUNE 5, 2025 NYT CONNECTIONS ANSWER SPOILED FOR YOU. Ready? OK! Have you been playing Connections, the super fun word game from the New York Times that has people sharing those multi-colored squares on social media like they did with Wordle? It's pretty fun and sometimes very challenging, so we're here to help you out with some clues and the answer for the four categories that you need to know: 1. On the ____. 2. Think wheels. 3. Bathrooms and sinks. 4. Famous award winners. The answers are below this photo: 1. Precipice 2. Ways to modify a car's exterior 3. Plumbing equipment 4. Best female rock performance Grammy winners Play more word games Looking for more word games?
