“Scott Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now apparently doing for others.” Swift’s lawyer disputes the notion that she rejected the deal to own her own catalog
, she claimed she was blindsided by the news and wasn't given the opportunity to buy her masters, adding that Braun has bullied her for years and his owning her work is her "worst case scenario."
Whichever version of the story is most accurate doesn't much matter in terms of Swift's legal options, according to music attorneys consulted by"She has no legal recourse," says music specialist Howard King, who represents artists including Kanye West , Pharrell Williams and Avenged Sevenfold. "The masters are the record company’s property. There's nothing in a contract that says they can’t sell it to another company. In fact, it happens all the time.
James Sammataro, who represents both artists and companies in the music industry, says there may be a confidentiality provision that could have been breached when Borchetta posted the proposed deal terms online, but it's just as likely that he could argue Swift breached it first by posting on Tumblr. Still, he says, "I don't think it's going to result in litigation of any sort.
As for Swift, she could offer to write Braun a check, but King questions why she'd spend that kind of money when she owns everything she makes from here on out and has a highly-anticipated album due out later this summer. King suspects the situation will diffuse as the news cycle shifts. "This too shall pass," he says. "Her new album will be a huge success, and she’ll get far more of the profits than she used to get.
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