Back in June, it was announced that Scooter Braun's company, Ithaca Holdings, had acquired Taylor Swift's former record label, Big Machine, for $300 million.
Later that day, Taylor shared a lengthy post on Tumblr in which she expressed her devastation over being repeatedly denied the opportunity to own her masters.
In the note, Taylor explained that she was denied the opportunity to purchase her masters outright. The only way for her to gain ownership of her work was to sign a new decade-long contract with Big Machine which essentially meant she'd "earn back" the rights to one old album for each new one she turned in.
Taylor made the decision to leave Big Machine at the end of her contract, signing a new deal with Republic Records in late 2018.