Taylor Swift’s father bought a $300,000 stake in Big Machine Records while she was recording her debut album

Taylor Swift has long been an integral part of the music community. His early songs, “Tim McGraw” and “Teardrops on My Guitar,” won him praise for his expressive vocals and old-soul lyrics. Meanwhile, her latest tracks, like “Cardigan” and “Willow,” prove that Swift can reach fans of all ages and musical tastes.

Although it seems like Swift has been around forever, there was a time when she was just a struggling songwriter. Still, while Swift may not have been born famous, she was one step ahead. His father bought a large stake in the major record label that signed the rising star.

When did Taylor Swift’s dad buy Big Machine Records?

Taylor Swift (right) and her father, Scott Swift, attend the 50th Academy of Country Music Awards at AT&T Stadium on April 19, 2015 in Arlington, Texas. (Photo by Ethan Miller/Getty Images for dcp)

Taylor Swift started a career in music when she was just a young girl. Inspired by her favorite artists, including Shania Twain and Faith Hill, Swift expressed her desire to move to Nashville and start recording songs. Her parents supported her every step of the way. When Swift was 14, her father, a stockbroker at Merrill Lynch, moved his job to Nashville, Tennessee, to help his daughter get started.

Shortly after moving to Music City, Swift was signed to Big Machine Records. According to BuzzFeed, Swift’s father then sprang into action. He bought a 3% stake in the company for $300,000 as Swift worked hard to record her debut album. This album, titled Taylor Swiftdebuted in 2006. It received critical and fan acclaim, cementing Swift’s status as a country-pop singer to watch.

Big Machine Records was sold in 2019

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Over the years, Swift has continued to write and release hit records, becoming one of the biggest stars in the world. In 2019, Swift headlined sold-out world tours and navigated the limelight with grace and dignity. However, in the summer of that year, Swift was thrown for a loop when Big Machine Records, which she left in 2018, was sold to Scooter Braun. According to NPR, Braun’s company Ithaca Holdings has purchased Big Machine Records from founder Scott Borchetta.

Swift expressed her disapproval of the sale. She took to social media to call the sale of Big Machine Records her “worst case scenario”. She noted that she had repeatedly offered to buy her masters — which Big Machine still owned, and now, Braun, who managed the artists Swift publicly feuded with.

Taylor Swift has embarked on a journey to re-record all of her albums

Scooter Braun has publicly responded to Swift’s claims. He wrote a blog post to say he told Swift about the impending sale before it happened. He also claimed that Swift had “every chance in the world” to own her masters, but decided to leave the label to pursue other projects. In November 2020, however, Braun’s investment group took a hefty payday when, according to Variety, all of Swift’s masters were sold to an unknown buyer in a deal worth around $300. millions of dollars.

Taylor Swift finally responded in a move that surprised everyone. In March 2021, Swift announced that she planned to re-record her past albums – those she had recorded with Big Machine Records. “Artists should own their own work for so many reasons,” she wrote. “But the most obvious is that the artist is the only one who really knows this body of work.”

Swift’s re-recording project is sure to give her a commercial boost. But it’s also a chance for fans to hear a slightly different take on some songs — those same songs that made fans fall in love with Swift in the first place.

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