- #TAYLOR SWIFT WILDEST DREAMS LICENSE#
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Anyone who wishes to use or reproduce a recording must obtain a copyright license authorized by the master-owner.
#TAYLOR SWIFT WILDEST DREAMS DOWNLOAD#
The owner of the master, therefore, owns all formats of the recording, such as digital versions for download or on streaming platforms, or physical versions available as CDs and vinyl records. The master is the first recording of the music, from which copies are made for sales and distribution. copyright law, any music recording is subject to two distinct types of ownership: one that protects the specific sound recording, known as the master, and the other protecting the musical work. Billboard named Swift the Greatest Pop Star of 2021 for the successful and unprecedented outcomes of her re-recording venture.Īccording to the U.S. iHeartRadio, the largest radio network in the United States, stated it will replace the older versions in its airplay with Swift's re-recorded tracks.
It prompted a discourse on artists' rights, intellectual property, private equity, and ethics in the music industry, and has encouraged new artists to negotiate for greater ownership and revenue shares in their contracts with record labels. The controversy was highly publicized, drawing widespread attention and media coverage, with various musicians, publications, politicians and scholars supporting Swift's stance. The International Federation of the Phonographic Industry (IFPI) ranked her as the world's best selling soloist of 2021. The annual Rolling Stone report listed Swift as the highest paid female musician of 2021. Additionally, " Wildest Dreams (Taylor's Version)" and " This Love (Taylor's Version)"-off of the re-recording of her fifth studio album, 1989-have also been released. One of their tracks, " All Too Well (10 Minute Version)", became the longest song in history to top the Billboard Hot 100, giving Swift the eighth number-one song of her career. She has released two re-recorded albums so far- Fearless (Taylor's Version), the re-recording of her 2008 album Fearless, on April 9, 2021, followed by Red (Taylor's Version), the re-recording of her 2012 album Red, on Novemthey were met with critical acclaim and commercial success, setting multiple sales, streaming and chart records. Swift began releasing the re-recorded music in 2021, via Republic Records. Scooter Braun ( pictured in 2019) purchased Big Machine in 2019 and became the owner of the masters of Swift's first six albums, which he later sold to Shamrock Holdings in 2020. Swift expressed her disapproval again and turned down Shamrock's offer for an equity partnership, reiterating she would re-record the albums. In October 2020, Braun sold Swift's works to the Disney family's investment firm, Shamrock Holdings, for US$300 million on the condition that he would continue to earn from the masters. Swift announced she would re-record the first six studio albums to create new masters, giving her complete ownership of her back catalog.
#TAYLOR SWIFT WILDEST DREAMS SERIES#
Borchetta challenged Swift's claims and said she declined an opportunity to buy the masters.īig Machine and Swift had a series of further disputes Swift alleged that the label had blocked her from using her older material for the 2019 American Music Awards and the documentary Miss Americana (2020), and in April 2020, the label released Live from Clear Channel Stripped 2008, an unreleased work by Swift, without her approval. She condemned Braun's purchase, recalling him being an "incessant, manipulative bully". In a Tumblr post, Swift said she had been trying to buy the masters for years, but that Big Machine had offered unfavorable conditions. As part of the sale, Braun became the owner of all of the master recordings, music videos and promotional artworks copyrighted by Big Machine, including those of Swift's first six studio albums. In June 2019, The Wall Street Journal, followed by other mainstream media, reported that American media proprietor Scooter Braun had purchased Big Machine from Borchetta for an estimated US$330 million, funded by the Carlyle Group, 23 Capital, Soros Fund Management, and various other private equity firms in a leveraged buyout. Taylor Swift ( pictured in 2006) signed her record deal with Big Machine Records in 2005 at age 15, giving the ownership of the masters of her first six studio albums to the label.Īmerican singer-songwriter Taylor Swift signed a record deal with Universal Music Group label Republic Records in November 2018 after the expiration of her six-album recording contract with Big Machine Records, a Nashville-based independent record label founded by Scott Borchetta.