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Scooter Braun Has Sold Taylor Swift's Masters

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Scooter Braun has sold Taylor Swift’s masters for more than $300 million, it is being reported.

Taylor Swift’s initial recording contract with Big Machine included a clause which took away the rights to her first six albums, something she now contests.

Scooter Braun swooped to purchase the rights last year, prompting a furious response from the multi award-winning songwriter.

Now it seems the music mogul has sold on the rights. According to Variety, Scooter closed a deal worth in excess of $300 million with a finance firm on Wall Street for the masters.

Taylor Swift is free to re-record her albums – if she does this, the new recordings could become de facto editions of the material, scooping all streaming and sync monies.

In a statement, however, the singer described her pain at the continuing saga, and alleged that Scooter Braun’s had attempted to make her sign an NDA.

Find the statement in full below.