Taylor Swift’s Dad Reportedly Made $15M In Music Catalog Sale To Scooter Braun

For those unaware, TS’ catalog was shipped off to Scooter in 2019 when Scott Borchetta, founder of Big Machine Label Group, put his company up for sale … Scooter’s Ithaca Holdings paid $330 mil to take it all.

Sources close to the negotiations tell us Taylor was never involved in any of those calls or directly in the deal at all, but a new report is challenging how much she actually knew about Scooter’s move.

The sale spawned a ton of turmoil, as well as multiple “Taylor’s Version” re-records of some of her past work … but according to Music Business Worldwide, Taylor’s dad Scott Swift took home $15.1M in the monumental sale.

Despite his cashing in, back in 2019 a rep for Taylor said he didn’t have knowledge of the deal before it happened — intentionally skipping a private NDA-signed phone call about a potential deal — so that he didn’t have to withhold anything from Taylor.

The rep stated, “On June 25, there was a shareholder phone call that Scott Swift did not participate in due to a very strict NDA that bound all shareholders and prohibited any discussion at all without risk of severe penalty. Her dad did not join that call because he did not want to be required to withhold any information from his own daughter. Taylor found out from the news articles when she woke up before seeing any text from Scott Borchetta, and he did not call her in advance.”

The outlet confirms he was 1 of the 5 shareholders of BMLG at the time of the sale — owning about 5% of the company when Borchetta unloaded it to Scooter. Quite the payday, especially considering the pain Taylor claimed the sale caused her.

Taylor’s been re-recording all of her old albums ever since her music was sold off … in order to have a version she’d be able to own.

Scooter also unloaded Taylor’s master rights of her first 6 albums to an unknown investment fund for $300M in 2020, and she ripped into Scooter for them not being for sale to her.