Taylor Swift has revealed she intends to re-record her old songs to offset Scooter Braun's purchase of her former label, Big Machine.
In an interview for an upcoming CBS Sunday Morning episode, host Tracy Smith asks Swift if she has a "plan" to create new masters of her classic songs to regain control of the music on her early albums. "Yeah, absolutely," Swift replies.
Swift's recordings became a point of contention earlier this summer, when star manager Braun's Ithaca Holdings acquired Scott Borchetta's Big Machine Label Group in a deal reportedly worth $300 million. In a now-famous Tumblr post, Swift called the deal -- which gives Braun control over her first six albums -- her "worst-case scenario," accusing Braun of bullying her in the past through clients like Kanye West and Justin Bieber.
In the time since, many high-profile artists have rushed to each side's defense, with Borchetta penning his own blog post reply, "So, It's Time For Some Truth."
In the CBS interview, Swift also explains how she found out about the deal "when it was online," with no prior knowledge -- details Big Machine officials have repeatedly disputed.
The full interview will be broadcast on Aug. 25 at 9 a.m. EST on CBS. Meanwhile, Swift's seventh studio album, Lover -- her first since her Big Machine contract ended last November -- will be released on Friday (Aug. 23). She is now signed to a worldwide record deal with Universal Music Group, with UMG's Republic Records acting as her U.S. partner.
Reps for Swift, Braun and Big Machine Label Group did not respond to immediate requests for comment.