Scooter Braun's Ithaca Holdings purchased Big Machine Label Group and therefore acquired Swift's old master recordings just north of $300 million in June 2019. Variety reported today (Nov. 16) that Ithaca sold her masters to an unnamed investment group.
She confirmed the sale was completed by Shamrock Holdings in a letter posted Monday that promised her devoted fans some good news in the near future. "I have recently begun re-recording my older music and it has already proven to be both exciting and creatively fulfilling," the 30-year-old pop superstar wrote. "I have plenty of surprises in store. I want to thank you guys for supporting me through this ongoing saga, and I can't wait for you to hear what I've been dreaming up."