Business & Economy · 43 views
Private equity gets cut of two of Taylor Swift’s biggest pop hits through Max Martin’s catalog sale
Taylor Swift upended the economics of the music industry by buying back her first six albums. Now, her most famous co-writers have sold the publishing rights to at least two of her chart-topping singles to a private equity company.
Summary
Taylor Swift upended the economics of the music industry by buying back her first six albums. Now, her most famous co-writers have sold the publishing rights to at least two of her chart-topping singles to a private equity company. It’s a deal that puts a price tag on the hidden half of Swift’s catalog — not the recordings fans and Swift fought over, but the songwriting royalties investors believe will keep paying for decades.
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