Taylor Swift's Record Label: Does She Own Her Own Music Company?
Yes, Taylor Swift does have her own record label called Republic Records, which she founded in partnership with Universal Music Group (UMG) in 2018. This came after her departure from Big Machine Records, where she recorded her first six studio albums.
The creation of her own record label marked a significant milestone in Swift's career, giving her complete ownership and control over all her master recordings created after November 2018. This includes her albums "Lover," "Folklore," "Evermore," and "Midnights," as well as her re-recorded versions of her earlier works.
Under her deal with Republic Records, Swift maintains ownership of her master recordings while licensing them to UMG for distribution. This arrangement is notably different from her previous contract with Big Machine Records, where she didn't own her original master recordings.
The terms of Swift's deal with Republic Records include:
Full ownership of her master recordings Higher percentage of sales revenue from her music Control over licensing her music for commercial use Rights to re-record her previous albums
Her decision to create her own label was largely influenced by her highly publicized dispute with Big Machine Records and Scooter Braun over the ownership of her early master recordings. This move has allowed her to maintain artistic and financial control over her new music while also giving her the freedom to re-record her earlier albums.
Since establishing her label partnership with Republic Records, Swift has achieved unprecedented success, including multiple Grammy Awards and record-breaking album sales. This arrangement has proven to be a pivotal business decision that has significantly impacted her career and the music industry as a whole.
It's worth noting that while Swift has significant control through her partnership with Republic Records, it's technically not a standalone record label but rather a partnership deal that gives her label-like control over her music while benefiting from UMG's distribution network and industry expertise.
Related Articles
Primary Wave Scores Recordings and NIL Deal With ‘Incomparable’ Itzhak Perlman — ‘Hands-Down the Greatest Violinist of Our Time’
