Yesterday I did a column about Taylor Swift’s reaction to Ithaca Holdings’ acquisition of the record label that made Taylor Swift a great deal of money. Swift was definitely not happy to see Big Machine Label Group acquired by Ithaca. Swift doesn’t have control over the masters to a number of albums that took her from country star to pop tart. Eady, who is an indie musician from Texas, gave his take and it’s very similar to what I’ve told my daughters since they decided to do music fulltime.
Pop star Taylor Swift is freaking over a deal Big Machine Label Group made with pop media superpower Ithaca Holdings. Media are reporting Ithaca, whose chairman is Scooter Braun, acquired BMLG for more than $300 million. After Swift placed a critical post on her Tumblr page, BMLG founder Scott Borchetta fired back in a post of his own at the BMLG website. Lessons are here, and aspiring musicians should take note.