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The Town with Matthew Belloni

The Real Winners of the Taylor Swift Masters Mega-Deal

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3847 Ratings

🗓️ 2 June 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss Taylor Swift’s purchase of the rights to the master recordings of her first six albums, which were originally sold to Scooter Braun in 2019 and later acquired by Shamrock Capital. They discuss the details of the deal, the winners and losers, and how Swift has changed the music industry by paving the way for artists to own their work (02:45). Matt closes the show with a prediction about the 2025 NBA Finals ratings (23:44). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠.Email us your thoughts! ⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠ Host: Matt BelloniGuest: Lucas Shaw Producers: Craig Horlbeck and Jessie LopezTheme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

If you care about Hollywood, and I assume you do if you're listening to the town, you should really be getting the whole story about Hollywood.

0:06.2

That's what you get with Puck.

0:07.5

I'm a founding partner at Puck, and I write a newsletter called What I'm Hearing.

0:10.6

It's got exclusive news for insiders and analysis of the biggest stories.

0:14.9

Puck has a bunch of great journalists.

0:16.5

We just hired Kim Masters, who also covers Hollywood from the inside, plus media, sports, fashion,

0:21.7

politics, and finance. It's a must have for plugged-in people. Fans of the town get a

0:26.6

discount on the description page of this episode or at puck.news slash the town. Go further into

0:32.1

Hollywood by becoming a puck member today. It is Monday, June 2nd.

0:38.9

Some pretty big music news broke on Friday.

0:41.4

Taylor Swift has bought back her master recordings.

0:44.6

I know we were all worried about her.

0:46.5

But good for her.

0:47.3

We all know that this has been her goal for years now.

0:49.6

If you don't remember,

0:50.4

six years ago, Taylor's first six albums of music were sold by Big Machine Records,

0:55.6

the label that discovered her, to Taylor's nemesis, Scooter Braun, once represented her

1:00.7

arch enemy Kanye West. Taylor wasn't very happy about that, so she went nuclear on Scooter.

1:06.1

She unleashed her fans against him. Craig still has a couple burner accounts, just posting

1:10.0

Scooter memes.

1:16.2

Then Taylor set up the greatest spite store in the history of Hollywood. She re-recorded those albums one by one and encouraged her fans and the big streaming services to play the Taylor's

1:21.8

versions, not the originals, thus making the original catalog much less valuable. In the process, Taylor really

...

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