Taylor Swift made a lengthy statement on Twitter following a report from Variety that Scooter Braun’s Ithaca Holdings sold her masters for more than $300 million.
According to Swift, she was unable to negotiate to get her own masters back unless she signed an ironclad NDA saying she would never speak negatively about Scooter Braun. Instead, all of her music, videos and album art was sold to Shamrock Holdings.
She wrote, “As soon as we started communication with Shamrock, I learned that under their terms Scooter Braun will continue to profit off my old musical catalog for many years. I was hopeful and open to the possibility of a partnership with Shamrock, but Scooter’s participation is a non-starter for me.”