Big Machine CEO Scott Borchetta responded to Taylor Swift's claims about the label's sale to Scooter Braun
Ithaca Holdings had purchased Big Machine for a reported $300 million—and, therefore, the masters to her first six albums— Sunday morning when it was publicly announced. She called the move her “worse case scenario.”
Had she not heard it that way, he mentioned two executives from Swift’s management team who were on the June 25 call informing shareholders of the sale. “I guess it might somehow be possible that her dad Scott, 13 Management lawyer didn’t say anything to Taylor over the prior 5 days. I guess it’s possible that she might not have seen my text. But, I truly doubt that she ‘woke up to the news when everyone else did.
In her Sunday morning post, Swift said that Borchetta had proposed she “‘earn’ one album [master] back at a time, one for every new one I turned in,” Swift wrote. “I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future.”
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