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MisterStocks Taylor Swift Criticizes Equity Firms for Treating Their Music Like Real Estate. Here’s All That Went Down
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Taylor Swift Criticizes Equity Firms for Treating Their Music Like Real Estate. Here’s All That Went Down

Gerald Miller Feb 03, 2020
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Who doesn’t know that Taylor Swift hasn’t been happy with most business practices in the entertainment industry for the longest time ever?

It was probably most evident during her feud with Scooter Braun, especially because he was able to purchase her masters without seeking her approval.

These two are beefing so hard

If it were you that had lost the rights to your own music, you’d react the same, no? Your reaction could probably even be worse than an online beef.

Recently, Tay Tay has revisited the issue, as Bloomberg report. She blames private firms for making it a lot easier for interested parties to gobble up their music as if they were acquiring pieces of real estate.

Commands Respect

The Blank Space singer spoke during the Billboard Women in Music event earlier this December, and given that she has won more than one Woman of the Year Award, best believe that her opinions are held in high regard. To put it plainly, the artist commands respect.

In 2019’s edition, Taylor Swift bagged the Woman of the Decade Award, becoming the pioneer winner in this new category. Over the course of this decade that’s just drawing to a close, the young singer has established her dominance, and she fully deserved to be recognized for it.

Taylor giving her acceptance speech after winning the Woman of the Decade Award

Caught up in Taylor’s feud with Braun are the companies 23 Capital and Carlyle Group, which the 30-year-old referred to as a harmful force in the industry. She claims that neither contacted her before completing the transaction, a fact that doesn’t sit well with her.

As you would expect, these firms had to come out and defend themselves. A 23 Capital spokesperson claimed that it would be unethical for them to share specific details about the Braun deal, but they had to issue a general statement.

As they put it, 23 Capital’s team of specialists work with the goal of supporting creativity and in turn flexibility in the music and entertainment industry as a whole.

The deduction from their comment was that they didn’t take Taylor’s insinuation that they shortchanged her kindly, but that she’s also entitled to her opinion as a prominent entertainer.

He Who Laughs Last

As any Swiftie knows, Taylor isn’t just about to let Scooter Braun have the last laugh. Following the advice, she received from many other female artists, the 30-year-old plans to re-record a significant portion of her old material.

Taylor plans to re-record her songs

Based on her contractual limitations, she is only allowed to re-record her old material as of November 2020, but on the bright side, this gives her lots of time to have her things in order. Come late next year, she’ll be all but ready to hit the studio hard.

All the same, other artists who’ve found themselves in a situation similar to hers have come forward to reveal that it may not be as easy as she would think.

The earlier albums have already created a niche for themselves, and remakes will find it difficult to create an upset in the market. They argue that it’ll take lots of time and money for the re-released versions to be as successful, but while at it, support her fully in her endeavors.

And when have we ever known Tay Tay to turn down a challenge? It’s game on people!

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