Big Machine Records’ Nashville headquarters was forced to shut down after employees received death threats amid Taylor Swift controversy. According to sources some of her fans have been trying to ‘to leak personal contact information and addresses of company employees including Justin Bieber manager Scooter Braun and Scott Borchetta. Swift claimed that the label owners have banned her from performing her old songs at the American Music Awards this month while her former label says her allegations are a fabrication.
Taylor Swift claimed Scooter Braun and Scott Borchetta from Big Machine are blocking her from performing her own songs at the AMAs. Label boss Scott Borchetta says this a fabrication.
Big Machine also claims Taylor’s admitted to owing the company millions of dollars….
Big Machine says “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.
The label says … “Taylor, the narrative you have created does not exist.”
“The truth is, Taylor has admitted to contractually owing millions of dollars and multiple assets to our company, which is responsible for 120 hardworking employees who helped build her career. 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. However, 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.
Taylor Swift injected herself back into the press and released a not-so-nice love letter with claims that Scott Borchetta, her former label head at Big Machine Records, and Scooter Braun (Justin Bieber manager) are trying to sabotage her performance at the American Music Awards.
Taylor released her statement on an Instagram story, Facebook and Twitter with the headline “Don’t know what else to do.”
Taylor says her former label team Big Machine told her she would be allowed the use of her old songs only if she agreed not to re-record them in the future and if she affirmed she would not speak negatively going forward. She rejected both offers.
The feud started when Taylor Swift claimed she was denied an opportunity to buy back her masters from Big Machine Label Group. Big Machine tells another story – label boss Scott Borchetta said Swift was well aware that her masters were for sale and never made an offer.
Big Machine Label Group Scott Borchetta responded to the accusations by Taylor Swift who is upset with the relationship between Borchetta and Scooter Braun and the acquisition deal.
So, it’s time for some truth…
In regard to a post earlier today from Taylor, it’s time to set some things straight.
Taylor’s dad, Scott Swift, was a shareholder in Big Machine Records, LLC. We first alerted all of the shareholders on Thursday, June 20th for an official shareholder’s call scheduled for Tuesday, June 25th. On the 6/25 call the shareholders were made aware of the pending deal with Ithaca Holdings and had 3 days to go over all of the details of the proposed transaction. We then had a final call on Friday, June 28th in which the transaction passed with a majority vote and 3 of the 5 shareholders voting ‘yes’ with 92% of the shareholder’s vote.
Out of courtesy, I personally texted Taylor at 9:06pm, Saturday, June 29th to inform her prior to the story breaking on the morning of Sunday, June 30th so she could hear it directly from me.
I guess it might somehow be possible that her dad Scott, 13 Management lawyer Jay Schaudies (who represented Scott Swift on the shareholder calls) or 13 Management executive and Big Machine LLC shareholder Frank Bell (who was on the shareholder calls) didn’t say anything to Taylor over the prior 5 days. I guess it’s possible that she might not have seen my text. But, I truly doubt that she “woke up to the news when everyone else did”.
I am attaching a few very important deal points in what was part of our official last offer to Taylor Swift to remain at Big Machine Records. Her 13 Management team and attorney Don Passman went over this document in great detail and reported the terms to her in great detail. CONTINUE READING