Women in Music 2019

Elizabeth Warren Weighs In on Taylor Swift's Dispute With Big Machine: 'It's Time to Rein In Private Equity Firms'

Jessica Rinaldi/The Boston Globe via Getty Images
U.S. Senator and presidential candidate Elizabeth Warren speaks to voters at Exeter High School in Exeter, NH on Veterans Day on Nov. 11, 2019. 

Democratic presidential candidate Elizabeth Warren has joined a number of public figures and celebrities taking to social media to comment on Taylor Swift's battle with Scott Borchetta, head of Big Machine Label Group, and Scooter Braun, the company's new owner.   

On Thursday night (Nov. 14), Swift penned a letter on social media claiming that Borchetta and Braun, whose Ithaca Holdings acquired Big Machine Label Group (and Swift's entire six-album catalog with the label) in June, were not allowing her to perform a medley of her earlier hits at this year's American Music Awards, where she'll be honored as Artist of the Decade, or to use her older music in a forthcoming Netflix documentary. She also called out the private equity corporation the Carlyle Group, "who put up money for the sale of my music to these two men."   

  

On Saturday (Nov. 16), Warren tied Swift's situation in to her own platform in her run for office in 2020. 

"Unfortunately, @TaylorSwift13 is one of many whose work has been threatened by a private equity firm," Warren wrote in a statement on Twitter. "They're gobbling up more and more of our economy, costing jobs and crushing entire industries. It's time to rein in private equity firms—and I've got a plan for that."

Halsey, Selena Gomez, Camila Cabello and more were among the artists that quickly showed support for Swift in the wake of the conflict.

Big Machine countered back at Swift's accusations, saying her statements were "based on false information," while a spokeswoman for Swift said, "Please notice in Big Machine’s statement, they never actually deny either claim Taylor said last night in her post."

Over the summer, Swift alleged that Braun’s new ownership of her master recordings was her "worst case scenario," claiming that he'd engaged in a campaign of "incessant, manipulative bullying" against her for years.


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