In short
```markdown
Podcast Episode Notes
Business Wars - Taylor Swift vs The World | Bad Blood | 2
Episode Overview In this episode, we delve into the evolving dynamics between Taylor Swift and her record label, Big Machine, led by Scott Borchetta, amidst her transition to pop music. The episode explores Swift's bold moves in the industry, the tension with her label, and her emerging conflict with music manager Scooter Braun.
Key Themes and Discussions
- Transition to Pop
- Background: By 2014, Taylor Swift makes a significant transition from country to pop music, showcasing her growing self-confidence.
- Conflict with Label:
- Scott Borchetta's Concerns: Borchetta urges Swift to create country tracks for radio play, fearing the loss of her country audience.
- Swift's Stance: She insists on maintaining her artistic integrity and desires an album that reflects her new direction, rejecting the idea of "shoehorning" country music into her work.
- The Power Struggle
- Creative Control: The episode highlights the power struggle between Swift and Borchetta as Swift asserts her artistic vision against the traditional expectations of the music industry.
- Beef with Scooter Braun: As the episode progresses, the narrative builds tension regarding Braun’s interest in Swift’s early masters, which she intensely opposes due to past conflicts with him and his clients.
- The Streaming Controversy
- Removal from Spotify: In November 2014, Swift removes her catalog from Spotify, criticizing the platform for unfair compensation. This decision marks a pivotal moment in her career and positions her against industry giants.
- Public Reaction: Swift's bold move creates waves in the music industry, showcasing her clout as a major artist willing to challenge established norms.
- The Media Narrative
- Borchetta's Profile: Swift discovers a Businessweek article that credits Borchetta for her success, igniting her frustration over the imbalance of recognition in their professional relationship.
- Public Relations Strategy: Swift’s publicist advises her to remain silent for the time being, leveraging her fan base, known as the Swifties, as her most potent weapon.
- Transformation and Defiance
- Grammys Speech: Swift's Grammy win in 2016 becomes a moment of defiance as she acknowledges the challenges faced by women in the industry, subtly addressing her conflicts with Borchetta and Kanye West.
- Reputation Album: Swift's subsequent album, "Reputation," symbolizes her transformation and readiness to confront her critics with powerful lyrics and a new artistic persona.
- Strategic Negotiations
- Discussions on Masters: As Swift's relationship with Borchetta deteriorates, she makes demands for her master recordings as a condition for renegotiation.
- Borchetta's Dilemma: Borchetta faces pressures as he explores selling Big Machine, complicating negotiations over Swift's masters.
- The Braun-Borchetta Deal
- New Alliances: Borchetta forms a partnership with Braun, unaware of Swift's impending response to regain her masters.
- Conflict Escalation: Swift's battle for her music rights intensifies, setting up a significant confrontation in the industry.
Conclusion The episode narrates the evolution of Taylor Swift’s career and her confrontations with industry power players, illustrating her journey of self-empowerment and artistic assertion in a male-dominated music landscape. Swift’s story emphasizes the importance of creative control and the implications of business decisions in the music industry.
Key Takeaways
- Creative Integrity: Swift’s commitment to her artistic vision reflects broader themes of artistic control within corporate frameworks.
- Power Dynamics: The episode showcases the shifting dynamics between artists and their labels, particularly regarding ownership and rights.
- Fan Power: Swift’s reliance on her passionate fanbase highlights the potential of fans as a formidable force in the music industry.
Further Reading and Viewing
- "Miss Americana" Documentary
- "Taylor Swift: The Whole Story" by Chaz Newkey Burden
```
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:102014. Taylor Swift strides into a boardroom of the big machine offices in Nashville. The head of the record label, Scott Borchetta, sits at a large meeting table with other executives. They're here to discuss the strategy for Swift's fifth album, which she's just finished recording. But Borchetta has some notes. Taylor, thanks for flying in. Swift nods graciously. She recently moved from Nashville to New York City full-time. Borchetta continues. So, you've turned in some really great songs. I mean, bravo. But I couldn't help but feel something was missing. Swift listens expectantly. Okay, what are you thinking?
0:53What we really need is some country. Can you give us three songs that can play on country radio? Those DJs love you, but they're not going to play this pop stuff. But Swift is not interested in that. She's done with country music. Listen, Scott, I read a review of Red that really stuck in my mind. Red was Swift's last album. It was a pop country hit that immediately sold four million copies. But even with that success, Swift obsessively tracks the criticism she receives. The review said Red wasn't cohesive. On this album, I want them to sound like they all belong together. A country song will stick out like a sore thumb.
1:35Borchetta and the other executives exchange looks. Swift is not backing down. She's 25 now, not the teenager she was when she first signed. Borchetta tries another tack. Well, okay, why don't we country up what you've already got? Let's add a fiddle and steel guitar solo on Shake It Off. That'll work for country radio. Right, guys? Uh-huh, you bet. The room of execs nod in agreement. They turn to Swift. She shakes her head. Scott, you know that's not going to match the production on the rest of the album. Orchetta starts to redden with frustration. Listen, if you want to do a bit of pop, that's fine, but let's be smart and capitalize on both markets.
2:20Swift leans forward. I'm pouring my heart into these songs, and I love these songs. So if they're pop, they're pop. I can't just shoehorn a country song in there. It'd be so disingenuous. But of course you don't get that, because you're not an artist. Borsheta can no longer bend her to his will, but Swift makes him millions playing to a country audience. He worries she'll alienate those fans by going full pop. He's got to find a way to sway her. You've got an established, astronomically successful career in country music. To shake that up would be the biggest mistake you ever make. Swift is not having it.
3:00Exactly, Scott. I've got an astronomically successful career in country music, and I'm going to make this decision. Not you! We're done here. But they're far from done. This is just the opening salvo in the savage battle to come. One that will be fought in boardrooms, on her music videos, on social media, and on stage. This fight will nearly destroy Swift until she deploys her most powerful weapon, her rabid fans, and acid-dipped lyrics.
3:54number. It's experience that matters. It's 160 years of promises held, helping generations retire with confidence, protect their loved ones, and plan for whatever comes next. Whether you're looking for life insurance, employee benefits, or retirement income solutions, when your future is on the line, you want history on your side. And believe me, Pacific Life has been there, always there through changing times, always focused on your needs. Ready to secure your tomorrow? Ask a financial professional how Pacific Life can help you feel prepared for what's next. Pacific Life Insurance Company, Omaha, Nebraska, and in New York, Pacific Life & Annuity, Phoenix, Arizona.
4:34Because with Pacific Life, you're not just planning for the future. You're partnering with trusted experience. Closing the books, getting your people paid, and bringing on new hires. Running a small or mid-sized business can be exciting and also a little chaotic. Workday Go makes simplifying your business, well, simple. Imagine all the important aspects of your company, HR, finance, and payroll, all on the AI platform. No more juggling multiple systems, no more worrying about growing too fast. Just the full power of Workday Go, helping small to mid-sized businesses like yours scale and run more smoothly.
5:15Think about what that means. Seamless onboarding for new team members. real-time insights at your fingertips, and payroll that works perfectly every single time, so you can focus on the big picture and go after your big ambitions. And with Workday, you can activate quickly in as little as 30 to 60 business days. So simplify your business. Go for growth. Go with Workday Go. From Wondery, I'm David Brown, and this is Business Wars.
6:12In the last episode, Taylor Swift signed on to Scott Borchetta's label and quickly rose to stardom. Scooter Braun discovered Justin Bieber, who went on tour with Swift. But as Swift started pivoting to Pop, her relationship with Borchetta began to sour. In this episode, Swift makes a bold move that Borchetta sees as a threat to his business. So he teams up with Braun to protect his investment. This is Episode 2, Bad Blood.
6:53July 4th, 2014 at Swift's estate on the coast in Westerly, Rhode Island. Swift stretches out on a sun lounger by the pool. She's wearing a floppy hat and dark sunglasses. Nearby, actor Emma Stone reapplies sunscreen, while her boyfriend, actor Andrew Garfield, sips a cold beverage. TV star Lena Dunham floats languidly on an inflatable bed. It's an A-list gathering of actors and models. Swift jumps up. Anyone want to bake a cake? Me. I do. A few jump at the suggestion. They run into Swift's giant kitchen and get to work. Swift bought this eight-bedroom vacation home last year for$17 million. Could someone grab the butter?
7:40I got it. It's not Swift's only property. Earlier in the year, she bought Peter Jackson's former Tribeca penthouse for$19 million. She spent$2 million on a Nashville apartment, though she's rarely there. All right, there's the sugar. Awesome. I'm nearly done measuring the flour. It's no accident that her home is swarming with female celebrities. After getting flack on social media for being boy-obsessed with guys like John Mayer and Jake Gyllenhaal, she cultivated a group of female friends. The press calls them her girl squad. These days, Swift is less likely to be photographed with a new boyfriend than she is with model Carly Closs.
8:26Rather than compete with musicians like Chaim and Lord, she's embraced them as best friends. And pictures of her with them probably make her more likable to her mostly female fan base. Hey, let's mix it up.
8:44All right, it's ready to go in the oven. The women high five. For Swift, the weekend is a much-needed break from working on her album and fighting with her label. Swift wants the record to be called 1989, the year she was born. And she wants the cover of the album to be a faded Polaroid of herself in a shirt featuring flying seagulls. The picture cuts off her face just below the eyes. Her initials TS and 1989 are at the bottom. She wants to ditch the typical country cover. She's going for edgy and unpredictable. For most female celebrities, their face is a saleable asset. But with this album cover, Swift wants to prove that she's so well-known that fans will recognize her from just one blurry body part.
9:34Her red lips. Worsheta thinks it's too cryptic and wants her to name the album after one of the song titles, typical of country music albums. He wants her to show her full face. That face sells albums. But this is more than a debate over an album cover. She's making a statement about who she wants to be and what she wants. What she may not realize is that she's about to touch the third rail of the music business. Streaming.
10:12November 2014, Charlottesville, Virginia. A teenage girl sits in her bedroom talking to her friends on Snapchat. Her MacBook is open on her bed, blasting one of Taylor Swift's old albums on Spotify. She saw Swift in concert last year and has become a huge fan. All of a sudden, the music cuts. What the? The Spotify page shows an error message. Huh. That's weird. She navigates to Swift's artist page. Oh my god! It's blank. There's nothing there. Not a single Taylor Swift album is on Spotify. She keeps clicking. This must be some sort of mistake. Where's she supposed to listen to Swift's songs? She quickly goes to Tumblr.
11:02Immediately, she types a message to her fellow Swifties. The responses pour in. It's not just her. It looks like Swift has removed all her music from Spotify. The Swifty closes her laptop. It's time for her to go to Target and buy the new Swift CD. Swift's decision to pull her catalog from Spotify isn't a total surprise. A few months ago, Swift wrote an op-ed in the Wall Street Journal, where she denounced streaming, saying it doesn't compensate artists fairly. Spotify quickly responds, noting that Swift has actually been paid millions of dollars. Borsheta hits back on Swift's behalf, saying that they haven't seen that much money.
11:47Lots of artists have protested the paltry sums the streaming platform gives performers. But she's the biggest star so far. The fact the company actually responds is a sign of just how powerful she is. Taylor Swift doesn't realize it in the moment, but her decision to yank her songs from Spotify will actually pit her against mega-talent agent Scooter Braun, who owns a stake in the company. But he's preoccupied with trying to save Bieber's career after a drunk driving arrest. It won't be long before all of them, Borchetta, Braun, and Bieber, close in on her.
12:38November 2014, New York City. Swift is in her Tribeca apartment, sitting on the couch in a red plaid flannel shirt with her two cats. It's a text from Swift's publicist, with a link to a Businessweek article. Swift clicks on it. The headline reads, Taylor Swift is the music industry. Well, that's nice. She pulls one of her cats close to her and keeps going. Big Machine Records founder Scott Borchetta and his little-known pop act attained mass success in an ailing industry. Little known? They being sarcastic? From the headline, it sounds as though this is going to be a story about her. It does talk about how her albums actually sell copies in an industry where that's less and less common.
13:28But really, it's a profile of Borchetta. And he's taking a lot of credit for her success. And her decisions. She calls her publicist. Wait, did you read this? He says he's the person who decided to take my music from Spotify. He's trying to take credit for my decision. As if it was his idea. Yeah, taken care of. We had a, quote, source close to Swift, that would be me, say Scott is exaggerating his involvement because he's trying to sell the company. Swift nods, satisfied. She'd heard rumblings that Borsheta's trying to sell the label before she leaves. Do you think I need to make any comment myself?
14:10No. I don't think it's a good look for you to get into a public fight with Scott. Not right now. Scott used a business magazine as his mouthpiece, but remember, you have the most powerful weapon of all. Oh yeah? What's that? The Swifties. Swift does as her publicist suggests, and doesn't say anything publicly. Yet. It won't be long before she sticks it to Borchetta, and to all the other men who she thinks have wronged her. When it happens, it will be an abrupt break from her past, emotionally and artistically. And it will be done on a far bigger stage in spectacular fashion.
15:02December can be a busy month for all of us. Finishing projects, planning for next year, maybe even wrapping a few presents, while your teams take a well-deserved break. Cyber threat actors don't. Stay protected this holiday season with Manage Engine. Their cybersecurity solutions ensure that your data is secure, even while your office lights are turned off. With 18 data centers around the world and over 20 years of experience securing global enterprises, Manage Engine can keep your business running safely, no matter how busy or hectic the world gets. This holiday, gift yourself and your business peace of mind.
15:41Visit cybersecurity.manageengine.com. That's cybersecurity.manageengine.com.
16:11Apply for Apple Card in the Wadded app to see your credit limit offer in minutes. Subject to credit approval, Apple Card issued by Goldman Sachs Bank USA, Salt Lake City branch. Terms and more at AppleCard.com.
16:36February 2016. The Staples Center in downtown Los Angeles. Swift sits front row at the Grammy Awards in a red crop top and magenta skirt. Her hair is cut in a sleek, straight bob. No more loose country curls. She's waiting nervously to hear the results of Album of the Year. The announcer opens the envelope and says two magic words. Taylor Swift. Swift's mouth drops open. She stands up and hugs her friend Selena Gomez. She embraces producer Jack Antonoff, who made the majority of this record with her. And then she strides onto the stage. I want to thank the fans for the last 10 years, and the Recording Academy for giving us this unbelievable honor.
17:25She begins by thanking her collaborators, and then she gets serious. And as the first woman to win Album of the Year at the Grammys twice, I want to say to all the young women out there, there are going to be people along the way who will try to undercut your success or take credit for your accomplishments or your fame. The crowd cheers. It seems like she's talking about rapper Kanye West and the way he dissed her during the 2009 VMA Awards, a flap which he claims made her famous. And then there was the hugely public scuffle over whether she agreed to allow Kanye to use a lyric in a song about her.
18:13Swift keeps going. But if you just focus on the work and you don't let those people sidetrack you, someday when you get where you're going, you'll look around and you will know that it was you and the people who love you who put you there. And that will be the greatest feeling in the world. Thank you for this moment. It's a powerful speech. And it's telling that Swift does not once mention Borchetta or thank her label. And while many assume it's addressed to West, it could also be about Borchetta. 1989 goes on to become not only the most successful album of her career, but one of the top three albums of the entire decade.
19:00It sells five million copies in its first nine months, making it the fastest-selling album since 2004. But even though Taylor Swift is riding high, it's all about to come crashing down.
19:18August 2nd, 2016, Nashville, Tennessee. There's been a lot of media attention lately, so Swift is lying low in her apartment. She's lounging in bed with one of her cats on a large white duvet. Just then, one of her cats stands upright and tucks her ears back, making a hilarious expression. She snaps a video of the cat standing up on its hind legs. She's been trying to stay offline lately, but this clip is too cute not to post. What's going on? You feeling less like a cat and more like a squirrel today? Mm-hmm. Yep. She adds it to her Instagram stories. Swift's public image has been at an all-time low this summer.
20:05There was a controversy over whether Swift agreed to allow Kanye to use a lyric in one of his songs. In June, Kim Kardashian said that her husband Kanye had called Swift for approval of the lyric. When Swift denied it, Kardashian uploaded a taped clip of the call that made it sound as though Swift had heard Wes' song and didn't object. Kardashian posted it with the emoji of a snake, as if to say that Swift was that snake. And then, well, then it felt to Swift like the whole internet turned against her. Anonymous masses calling her a liar and saying that she's playing the victim. So she's been trying to stay off social media and out of the headlines.
20:48But just as she looks for her kitty on her Instagram feed, she sees a picture from Justin Bieber. She reads the caption. Taylor Swift, what up? It's a black and white FaceTime screenshot of Bieber with Scooter Braun and Kanye West. Swift's heart sinks. There's a lot going on in this one screenshot. The messaging is not that subtle. It signals that Bieber, who she thought of as a friend, is taking sides, Kanye's. And West is now a client of Braun. Swift throws her phone down. She's furious. These guys are ganging up on her. But worst of all, Borchetta hasn't publicly spoken out in support of her.
21:35And that steams her.
21:40Inside the big machine offices on Music Row in Nashville. Hey, Scott. Hey, Taylor. How's it going? She holds up her phone, which is open on the Bieber Instagram post. Did you see this? Not good. Uh-huh. That thing still kicking around? Yeah. Yeah, it is. I just wish it would all go away. Wachetta nods. Mm, I get that. So what did you want to talk about today? Well, I've been thinking about what's next. This is my last album on our deal. After her next record, Swift's six-album deal is up at Big Machine. This means she'll be able to sign to another label, or renegotiate at Big Machine. Right. And you know we'd love to have you stay at the label.
22:31This is home for you. Swift wriggles in her seat slightly. Well, I'd be open to exploring that possibility. But in order to re-sign, I'd need my master's back. Taylor, I just can't do that. You know I'm exploring selling big machine. Without your masters, this label is worth a whole lot less, and I need to take that into account. Swift begins to cry. Look, this is the worst summer of my life. I just want to be able to get my masters back and move forward. Why is this so hard for you to understand? Well, we can keep talking about it. But maybe now is not the right time.
23:17Swift is facing the fact that her reputation is in shambles, and she has no idea how to mend it. She decides to disappear from public view. Swift will use this time to gather her strength. She'll use this sense of shame as fuel to go through a painful metamorphosis. And when she returns to the stage, her lyrics will be weapons, and her new persona will be unrecognizable.
24:07independently and hope they fit neatly together like a puzzle. And then you find out the hard way that they don't, and you end up with a mess at the heart of your business operations. Does any of this sound familiar? Well, fortunately, Zoho offers a solution to this chaos. It's called Zoho One. Zoho One is a suite of around 50 pre-integrated business applications that fit together beautifully. So instead of dealing with disparate software from multiple vendors with multiple contracts and price points, you deal with one vendor with all the pieces of the business software puzzle neatly put together offered at a very attractive price.
24:46Now, if this sounds interesting to you, you've got to check out Zoho One at Zoho.one. That's Z-O-H-O dot O-N-E. With Zoho, you're not just licensing apps. You're licensing peace of mind. Let's say hypothetically, or maybe not so much, I'm developing a new podcast that needs an assistant producer, someone who knows how to brainstorm subjects to talk about. Find guests to bring in. That's a tall order. In other words, it's a job for Indeed Sponsored Jobs. Spend more time interviewing candidates who check all your boxes. And, you know, listeners of this show will get a$75 sponsored job credit to help you get your job the premium status it deserves at Indeed.com slash business wars.
25:32Just go to Indeed.com slash business wars right now and support our show by saying you heard about Indeed on this podcast. Indeed.com slash business wars. Terms and conditions apply. Hiring? Do it the right way with Indeed.
26:01May 2017, Los Angeles. Swift is on set to film her first music video since she became Persona Non Grata. The set is a smoke-filled graveyard. The camera zooms in on a giant gravestone that reads, Here lies Taylor Swift's reputation. All of a sudden, a ghoulish-looking Swift claws her way out of the grave. She's in zombie makeup. Swift starts singing as she grabs a shovel and refills the grave.
26:37In this revenge video for her album Reputation, the lyrics are a pointed reference to West. Swift performs the line in staccato as though there's a period after every single word. Her voice punches across a minimal drumbeat, showcasing her new, brash, electronic direction. Her point is clear. This is not the old Taylor with soft blonde waves and an aura of sweetness. This is the new Taylor. Hard edges, ready to strike. and she's not taking any prisoners. And cut. Swift hurries to hair and makeup to change out of the zombie prosthetics. The makeup artist leans in to Swift. I love what you're doing.
27:28Making a whole artistic statement about your public perception after all that. You know, it's very brave. Thank you. This record reputation is her chance to address the haters. She ended up writing a whole album about her image. Now dressed in a slinky orange outfit with tall, skin-tight boots, she watches as the prop people set up a giant, gilded cage. Swift is going to swing inside it like a caged songbird. It's a callback to her old house in Nashville, where she used to have a giant gold birdcage. But it also seems to be a visual representation of her relationship with Borchetta. She's his songbird, locked into a cage.
Read the full transcript
28:20August 25th, 2018. Nashville's Nissan Stadium. Swift is in her green room, getting ready to go on stage. She's about to perform the home leg of her reputation tour, in front of nearly 70 ,000 people. Her sixth album sold two million copies worldwide in the first week. Swift is still selling records like it's the 90s, even though streaming has decimated record sales figures overall. And she's selling out stadiums, too. Come in. Swift looks up. It's Borchetta. Hi, Taylor. I just wanted to catch you quickly. I know you wanted to talk about buying your masters back. It's only minutes before she has to be on stage.
29:05She's annoyed, but she seizes the opportunity to talk about her masters. Yes, I do. What's your price? It's not a question of price, Taylor. Look, here's the way I see it. A deal's a deal. What we agreed to back in the day was that I would own the masters, and you'd be signed to a six-album deal. He holds up a finger. Now, Reputation was your last album on that deal, So what I propose is this. Stay signed to Big Machine. Sign a new deal with us. And then we can figure out the right price for your masters. Taylor, you're on a 20. Swift turns to Borchetta. Look, Scott, I gotta go. Of course. Have a great show.
29:52But Swift is frustrated. She feels like for all she's done for Borchetta, He should just let her have her master's at a reasonable price. Why should she tie herself to him and his record label for another 10 years?
30:14November 2018, Tribeca, New York City. It's early morning and Swift is at home, getting ready to make a big announcement. But first, she types a message to Borchetta. Scott, I hope this finds you well. Since communication ran dry on our negotiations, I've done what I told you I would do and gone out exploring other options. Owning my master's was very important to me, but I've since realized that there are things that mean even more to me in the bigger picture. At the big machine offices in Nashville, Orshetta's reading the message. I also saw a rare opportunity to affect positive change for a lot of other artists with the leverage I have right now.
30:58I wanted to tell you first that I'll be signing with Lucian. Holy s***, Taylor's signing with Universal. He reads on. I still view you as a partner and friend, and I hope you feel the same, sending you a hug in my most sincere gratitude and so much love, Taylor.
31:23Borchetta buries his head in his hands. But back in New York, Swift is elated. This is a huge day for her. She's signing with Universal Music Group. And as part of the deal going forward, she's going to get to own her masters. Borchetta digests the news slowly. He thought this was coming. But still, it stings. He probably feels like he discovered Swift and made her who she is. For her to leave, it almost feels like a divorce. But it poses a financial dilemma for Big Machine, too. Swift was their biggest artist. The label doesn't have Swift anymore, but it does still have her masters for her first six hit albums.
32:14And even without Swift, that still makes the label a very valuable asset, one that an astute business person in the music industry is very interested in.
32:30Fall 2018 in the Big Machine offices in Nashville. Scott Borchetta is sitting at his desk. His hair shows more gray than when Swift signed with him more than a decade ago. But he's kept the same country music executive look. Jeans, a black shirt, and jacket. In walks his guest, mega-talent agent Scooter Braun, a 30-something in a T-shirt and bomber jacket. Hi, Scooter. Great to see you. Thanks for coming to Nashville. Well, I figured I needed to come and find out what you guys are all about. Worsheta spreads his hands. Here we are, the best independent country label and publishing company in the world.
33:10We're doing$100 million in revenue and going strong. Even without Taylor? Look, we still have the masters for our first six albums, which bring in a lot of money, as you know. And we've got artists like Florida Georgia Line, Sheryl Crow, Lady A. and they're nothing to sniff at. Braun nods, impressed. Well, let me tell you a little bit about Ithaca Holdings. That's Braun's company, which is even more impressive than Big Machine. It too has high-profile artists like Drake and stakes in music technology. More importantly, though, one of the world's biggest private equity firms, the Carlyle Group, is behind it.
33:49And that opens bold new horizons. We're launching a film studio, we're acquiring another music publishing company, and we've started a music tech investment fund. We have stakes in tons of other management firms. And you know, all of that creates synergy. We can negotiate even better terms on any new deal. Ron looks at Borchetta. Who knows, he's just been one up. Look, Scott, I think you've got a great business here with Big Machine, and I'd love to bring you into the Ithaca Holdings fold. What do you say? Porchetta has half been expecting this. He and Braun have been talking a lot recently about how they might work together.
34:29But now Braun is saying he officially wants to acquire his record label, which means owning its current roster and Swift's old masters. Porchetta leans back. Scooter, I'm flattered. Let's talk specifics. I don't want to leave the company I've built. I'm looking for a strategic partner who can help me and my artists get to the next level. And I think that's us. I don't want you to go anywhere. I want you to stay independent. Keep running your label just as you have been. We're positioned to lead the next generation of the music industry, and I want you at my side. Borsheta smiles. He stands up and extends his hand.
35:11Scooter, you've got a deal. The pair shake on it. Under the deal they hash out, Borchetta will take a stake in Braun's company. In exchange, Braun is going to own Big Machine and the masters to Swift's first six albums.
35:31Taylor Swift doesn't know a thing about this deal. But when she learns she's going to have to battle both Braun and Borchetta for her masters, she's furious. But the young pop superstar has an ace up her sleeve, a negotiating tool even the mighty Scooter Braun can't match. The most powerful fans in the entire music industry.
36:03From Wondery, this is the second episode of Taylor Swift vs. the World for Business Wars. A quick note about recreations you've been hearing. In most cases, we can't know exactly what was said. Those scenes are dramatizations, but they're based on historical research. For more on Taylor Swift, check out the Miss Americana documentary. We also recommend reading Taylor Swift, The Whole Story by Chaz Newkey Burden. I'm your host, David Brown. Natalie Robomad wrote this story, voice acting by Caroline Kinley and Michelle Phillippe. Karen Lowe is our senior editor and producer, edited and produced by Emily Frost.
36:39Sound design by Kyle Randall. Our senior producer is Dave Schelling. Our executive producers are Jenny Lauer-Beckman and Marshall Louis for Wondery.
37:06In the fall of 1620, a battered merchant ship called the Mayflower set sail across the Atlantic. It carried 102 men, women, and children, risking it all to start again in the New World. Hi, I'm Lindsey Graham, the host of American History Tellers. Every week we take you through the moments that shaped America, and in our latest season, we explore the untold story of the Pilgrims, one that goes far beyond the familiar tale of the first Thanksgiving. After landing at Cape Cod, the Pilgrims forged an unlikely alliance with the Wappanog people who helped the Pilgrims survive the most brutal winter they'd ever known, laying the foundation for a powerful national myth.
37:42But behind that story lies another, one of conflict, betrayal, and brutal violence against the very people who helped the Pilgrim survive. Follow American History Tellers on the Wondery app or wherever you get your podcasts. You can binge all episodes of American History Tellers The Mayflower early and ad-free right now on Wondery Plus.
From the publisher
By 2014, Taylor Swift has spread her wings into pop. But as her self-confidence grows, so does her discontent with her label. So she makes a bold move. Meanwhile, mega-manager Scooter Braun sees a business opportunity in Swift's early masters. The problem is, Swift has serious beef with Braun and his clients. And when she finds out about his plan, it'll be all out war.
Listen to Business Wars on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App or on Apple Podcasts. Start your free trial today by visiting wondery.com/links/business-wars/ now.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


