In a statement released to Page Six, Big Machine Label Group — which holds the rights to many of Swift’s classic tunes — called the singer’s claims “false information” and rejected her statement that the group has control over her performances.
“As Taylor Swift’s partner for over a decade, we were shocked to see her tumblr statements yesterday based on false information. At no point did we say Taylor could not perform on the AMAs or block her Netflix special. In fact, we do not have the right to keep her from performing live anywhere,” the music company wrote in its statement.
“Since Taylor’s decision to leave Big Machine last fall, we have continued to honor all of her requests to license her catalog to third parties as she promotes her current record in which we do not financially participate.”
Swift departed her original record label and signed a new deal with Universal Music Group in November 2018 that allowed her to own her master recordings going forward. Braun and Borchetta own her catalog from her 2006 self-titled debut album through 2017’s “Reputation,” which she described as a “worst case scenario” in a scathing note about Braun’s acquisition.
Big Machine Label Group’s statement also echoed Page Six’s exclusive reporting that Swift owes Braun and Borchetta $7 million, according to our sources.
“We have worked diligently to have a conversation about these matters with Taylor and her team to productively move forward. We started to see progress over the past two weeks and were optimistic as recently as yesterday that this may get resolved,” the statement continued.
Although the company felt they were seeing “progress” in its negotiations with Swift and her team, Big Machine claims that “despite our persistent efforts to find a private and mutually satisfactory solution, Taylor made a unilateral decision last night to enlist her fanbase in a calculated manner that greatly affects the safety of our employees and their families.”