Taylor Swift's original masters were sold to a new owner, but she re-recorded her albums anyway. Dan breaks down how everyone involved actually made money: Swift got leverage, the original label cashed out, and the new master owner still holds valuable recordings.
When Taylor Swift had her masters sold out from under her and then it got sold to another person, then she re-recorded it. Dan actually breaks down how every player along the way ended up winning.
And the reason that all these stakeholders won, because they were the ones that signed a 13-year-old girl from Pennsylvania on a 6-album record label deal. Now, of course, Taylor Swift has re-recorded these albums and these albums have outpaced the original recordings. Even if you own that original asset though, you're still in the business of Taylor Swift. At the end of the day, sure, there's a devaluation, but I'd We still rather own 1989, the original version, than a majority of the hundreds of thousands of songs that the major record labels have the rights to.
