Why Taylor Swift HATES Wall Street
In June 2019 Scooter Braun acquired Big Machine for $300 million. Big Machine was the record label to which Taylor Swift was previously signed. This outraged Taylor so much so that she decided to re-record her first six albums and direct fans to listen to the newly recorded versions. In this video we’ll discuss the Scooter Braun private equity style acquisition and sale of Taylor Swift’s rights, and we'll also discuss Wall Street's new found obsession with music rights.
Audit rights article: https://medium.com/@1111MusicConsulting/the-audit-clause-in-artist-and-musician-contracts-592ac6caaf5c
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⏱ Timestamps
00:00 Taylor Swift Vs Wall Street
03:17 What Is Private Equity?
07:04 Why Private Equity Is Interested In Music
09:55 Players In The Market
12:20 Final Thoughts
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Related videos:
Is The Music Business Really A SCAM?: https://youtu.be/sJ_9eL5uviE?si=4v-dDtsFnIhpAvA7
How Anyone Can Invest In Music: https://youtu.be/fYbc7aUzfs4?si=shn3aUFa44-ApoS3
How Artists Use Finance To Get Rich: https://youtu.be/kgmruyhKZzQ?si=1qfFXW1D741ywvaV
Pop Music Is In Decline Pt1: https://youtu.be/w3LIR74w-CU?si=UPya8ATf-CjQCIRR
Pop Music Is In Decline Pt2: https://youtu.be/j_Iotdv0rZY?si=4KJVNN3ceBcupfBK
How Afrobeat Became An Industry Leader: https://youtu.be/Nu7P-mhXlM0?si=YX7uMfEpQyDtS6yY
How Latin Music Became An Industry Leader: https://youtu.be/nJ3TEJA4VYk?si=rOGiQ0jzJJxRIfF2
K-Pop Money Machine: https://youtu.be/WicTxZfrT9k?si=RE0bx3xG3Xt7hQi8
Hollywood Is In Decline: https://youtu.be/1lc5HTEJsF8?si=pcxfjsYtZmof0bDT
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Economics of Entertainment will explore the business behind sports, music and entertainment.
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Email: info@economicsofentertainment.com
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