Taylor Swift Accused of Lying About $300M Catalog Deal
Cover Images/Kristin Callahan/ACE
Music

According to a new report, the 'Anti-Hero' singer's father knew there were talks with Scooter Braun's Ithaca Holdings to purchase her masters from Big Machine Label Group, contradicting her claim that she was not made aware of the deal beforehand.

AceShowbiz - Taylor Swift has been accused of lying about not being given a chance to take ownership of her own music catalog. Years after her original label Big Machine Label Group (BMLG) sold her catalog to Scooter Braun's Ithaca Holdings for $300 million, a new report casts doubt on the victim narrative put out by the pop star and her team.

According to Daily Mail, Taylor's father Scott Swift, who was a BMLG shareholder, was aware there were talks about the deal. Two days before the shareholder vote and four days before the deal's public announcement, via an email, he connected a BMLG executive to a New York litigator acting on his behalf to give the attorney access to the "data room" in which all the deal details were held.

A source claimed, "This not only shows he was aware of the deal, he was bringing more team members in on it." Another insider said, "It's time for the truth to come out rather than this version in which Taylor was somehow blindsided and wronged."

"Her team absolutely knew what was on the table," the second source insisted. "As for the story that Scooter never offered Taylor a chance to buy her catalog when he came to sell it the following year that is just 100 percent not true."

The drama started back in June 2019, when Taylor blasted Scooter, whom she accused of stripping her chance to buy her masters. "Some fun facts about today's news," she wrote at the time. "I learned about Scooter Braun's purchase of my masters as it was announced to the world."

In response to the new report, Taylor's representative has doubled down on the reasons given for Scott's absence from the shareholders' call and vote. "On June 25, there was a shareholder phone call that Scott Swift did not participate in due to a very strict NDA that bound all shareholders and prohibited any discussion at all without risk of severe penalty," the spokesperson said.

The rep added, "Her dad did not join that call because he did not want to be required to withhold any information from his own daughter. Taylor found out from the news articles when she woke up before seeing any text from Scott Borchetta, and he did not call her in advance."

Another source close to the negotiations also pointed out that the shareholder meeting was held only 48 hours prior to the announcement of the sale to Scooter and since Scott Borchetta controlled 90% of the stock, the sale was a foregone conclusion.

Meanwhile, social media users have been debating on which side is telling the truth. "Of course she knew. Her dad invested in Big Machine records. How could the companys assets be sold without shareholders being told? This was all PR for sympathy," one person slammed Taylor.

Another similarly accused the Grammy winner, "Why does she keep lying about stuff we could care less about." Citing Taylor's song lyrics, a third remarked, "That's why she said 'It's me, I, I'm the problem it's me.' "

"Taylor Swift always be LYING. That's why I love Cardi. She authentic and NATURALLY prettier than Taylor Swift!" a fourth user stated, while praising Cardi B. A fifth person weighed in, "She always plays victim duhh," as another enthused, "Taylor told a little WHITE lie."

Some others have come to Taylor's defense, with one writing, "When you gonna call somebody a liar, please make sure you put receipt next to your post please there’s nobody trying to go to hell pointing. Fingers falsely accusing somebody with no proof."

"She definitely didn't lie," a second fan insisted. "She clearly stated the terms they gave her which she did not agree to." Another hit back at the haters, "lmao n who's this source? y'all always praying on this girls downfall it's crazy."

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