Taylor Swift, Scooter Braun Saga Takes Another $300M Turn
The saga involving pop star Taylor Swift and the ownership of her music library took another turn this week when music mogul Scooter Braun sold Swift’s catalogue to private equity firm Shamrock Holdings for more than $300 million.
What Happened: Last year, Braun’s Ithaca Holdings acquired Swift’s former record label Big Machine for around $300 million. As part of the deal, Ithaca acquired the rights to Swift’s first six albums.
Swift opposed the deal and has spent the past year unsuccessfully trying to buy back her music …