Latest news with #musiccatalog
Yahoo
22-07-2025
- Entertainment
- Yahoo
Jonas Brothers Music Catalogs Acquired by Father's Company
Several assets from the Jonas Brothers' catalog are going to a 'new' home in a deal through which Jonas Group Entertainment, the company overseen by the brothers' father Kevin Sr., will acquire a mix of his offsprings' publishing and master rights from two of the group's albums and two notable singles. The assets — which encompass the albums 'Happiness Begins' and 'The Album,' along with the singles 'Like It's Christmas' and 'Remember This' — will fall under Jonas Catalog Holdings 1, an investment entity founded by Kevin Jonas, Sr. and managed by Jonas Group Entertainment Holdings. The deal was financed via Corrum Capital. More from Variety Kevin Jonas Lost 'Almost All' of His Money Following Jonas Brothers Split and 'Learned How to Reevaluate Life' Jonas Brothers Cancel Six Stadium Concerts, Including Dodger Stadium; Arena or Amphitheater Gigs Step In as Replacements Jonas Brothers and Boyz II Men Lead Disneyland's 70th Celebration Album Further terms of the deal were not disclosed, but JCH1 is described in the announcement as a investment vehicle company with 'up to' $300 million in funding. 'Joining forces with Jonas Group Entertainment feels like coming full circle,' the Jonas Brothers said in a statement. 'We are passionate about songwriting and the creative process, and [Jonas Group Publishing president] Leslie DiPiero has always been a true champion for songwriters and creators.' DiPiero added, 'The foundation for every successful artist is the song, and Nick, Joe and Kevin are extraordinary songwriters. Their music has touched and inspired a generation of fans and fellow artists. It's a privilege to welcome this body of work into the JGP family.' The band, which went on an extended hiatus between 2013 and 2019, will release a new album, 'Greetings From Your Hometown,' on Aug. 8 and will launch a three-month-long North American tour beginning at MetLife Stadium in New Jersey on Aug. 10. Earlier this year, bandmember and eldest brother Kevin Jonas revealed that he had 'almost all' of his money in a series of investments around nine years ago. The Jonas Brothers' reunion in 2019, he said, gave him another 'bite at the apple.' Jonas Group Publishing, which launched in 2020, has previously signed country crooner Rhett Akins to a publishing deal along with acquiring some parts of his catalog, and acquired publishing assets from multiplatinum hitmaker Julia Michaels and songwriters Justin Ebach and Amy Stroup. Best of Variety New Movies Out Now in Theaters: What to See This Week 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? Final Emmy Predictions: Talk Series and Scripted Variety - New Blood Looks to Tackle Late Night Staples
Yahoo
05-07-2025
- Entertainment
- Yahoo
Why Taylor Swift Reclaiming Masters Was 'Even More Special' Because of Travis Kelce (Exclusive Source)
Taylor Swift announced last month that she bought back her music catalog, giving her control of her first six albums The Grammy-winning singer regained control of her masters nearly six years after her catalog was sold to Scooter Braun Travis Kelce has supported the pop superstar throughout her ordeal, a source tells PEOPLETaylor Swift recently closed one of the most important chapters of her career — and having Travis Kelce by her side made the emotional milestone even more meaningful. "Reclaiming her masters has been emotional and empowering. She's proud, relieved, and finally feels like a chapter has closed in the best possible way. Having Travis by her side for that milestone made it even more special," a source tells PEOPLE exclusively. After years of public battles over ownership, the Grammy-winning star, 35, announced in an Instagram post on May 30 that she bought back her music catalog, giving her control of her first six albums. The journey has been long and deeply personal for the pop icon, and one she didn't have to face alone. Kelce 'was honored to support her and he wouldn't have wanted it any other way." According to the source, the couple is 'incredibly happy and in sync. There's a calmness and ease to their relationship right now that's been really grounding for Taylor and Travis.' Following the wrap of her record-breaking Eras Tour, Swift has been taking a well-deserved break and spending it with Kelce. The twosome have been making the most of their quieter summer together, enjoying time away from the spotlight. The couple has been spotted in the West Village during their time in Manhattan, often opting for low key date nights and cozy dinners with friends. In Nashville, they've spent time with Swift's family and inner circle, staying mostly out of the public eye. 'Taylor and Travis are soaking up every minute of this slower season together. They've been splitting their time between New York, Nashville, and a few quiet getaways, just enjoying each other's company without all the usual chaos.' The summer pause has given them a chance to reconnect outside of their high-profile schedules and it's strengthened their relationship in new ways. 'This kind of downtime is rare for both of them, and it's really allowed their bond to deepen,' says the source. 'It's been a turning point for their relationship in a lot of ways.' As PEOPLE previously reported, for the first time since the duo started dating in the summer of 2023, Swift is heading into an NFL season without the demands of a global tour. 'Taylor is really looking forward to the upcoming NFL season. Not just because she loves supporting Travis, but because for the first full season since they started dating, she's not juggling a packed tour schedule,' a source told PEOPLE at the time. 'This fall will be completely different,' the insider said. 'It's the first season where she's not constantly flying back and forth or working around an entire touring calendar.' 'The past two seasons were a whirlwind between performing across multiple countries, long flights, and trying to squeeze in alone time together wherever possible,' the source said. 'It wasn't easy but they made it work.' Read the original article on People
Yahoo
08-06-2025
- Entertainment
- Yahoo
The heartbreaking reason Justin Bieber was forced to sell his $200M music catalog: doc
Justin Bieber was allegedly 'on the verge of financial collapse' when he sold his $200 million music catalog to Hipgnosis Songs Capital in 2022, a new documentary claims. 'I was on a call with multiple people — Justin's side acknowledges that in 2022, he was on the verge of … the words were 'financial collapse.' And that's why he had to sell his catalog,' TMZ executive producer Harvey Levin alleged in the 'TMZ Investigates: What Happened to Justin Bieber?' doc, which is now streaming on Hulu. 'Justin said, 'I gotta sell it now.' And he sold it in December. That's how broke he was.' Levin speculated that the 'Sorry' singer — whose net worth has been estimated at $300 million — found himself 'broke' in part due to money trouble stemming from debts accrued after he canceled his 2022 Justice Tour. A TMZ staffer also alleged in the documentary that Bieber, 31, was spending massive amounts of money on the tour — with eight buses and $2 million spent in bus renovations — and in his everyday life by flying on expensive jets and purchasing several mega-mansions. Had he finished the tour, TMZ executive producer Don Nash claimed that Bieber would have made $90 million. A rep for Bieber did not immediately respond to Page Six's request for comment. Rumblings of financial problems have been circling around the pop star for some time. Earlier this month, it was reported that Bieber was in millions of dollars worth of debt to his former manager, Scooter Braun, despite parting ways with the music mogul almost two years ago. According to an independent six-month audit conducted by accounting firm PricewaterhouseCoopers (PWC), the singer owes Braun over $8,806,000. At the time, a source told Page Six that the debt stems from a loan the mogul made to Bieber to 'help him' after his canceled tour set him back $20 million. Last October, an insider told Page Six that the 'Peaches' singer's spending habits were 'out of control.' 'He spends eye-watering amounts per month. At one point, he couldn't even get a credit card,' the source claimed. 'Justin is surrounded by a lot of people that do not have his best interests at heart.' The same comments were echoed in May as several of the Grammy winner's friends expressed concern over his continued big spending — despite his alleged financial struggles. 'He's flying in all his friends on private jets to his birthday party, putting it all over Instagram,' a source exclusively told Page Six at the time. 'He'll spend $300,000 at the Nobu at Coachella. He hasn't worked in a really long time.' In addition to his alleged financial woes, many have speculated about the singer's mental health after he was seen on several occasions partaking in recreational drug use and exhibiting erratic behavior. In April, several sources within Bieber's inner circle told the Hollywood Reporter that they feared they were watching him 'disintegrate' due to 'not living his purpose.' 'He's lost,' one former colleague, whose identity and position were not revealed, claimed. 'There's no one protecting him because there's no one there willing to say 'no' to him. You say 'no,' you get blown out.'
Yahoo
01-06-2025
- Business
- Yahoo
Travis Kelce's sweetheart Taylor Swift - pop music superstar and Kansas City Chiefs superfan - issued a major career announcement this week as she was able to buy back her music catalog after a years-long battle.
Travis Kelce's sweetheart Taylor Swift - pop music superstar and Kansas City Chiefs superfan - issued a major career announcement this week as she was able to buy back her music catalog after a years-long battle. originally appeared on Athlon Sports. Sweet and subtle. Taylor Swift - pop music superstar and Kansas City Chiefs superfan - issued a major career announcement this week as she was able to buy back her music catalog after a years-long battle. Swift celebrated with her pal and producer Jack Antonoff ... and with a symbol of her love for boyfriend Travis Kelce close by. Antonoff posted a video showing Swift listening to her "Reputation" album ... and Swifties noticed that she was wearing one of the custom bracelets that Swift and Kelce created early in their relationship. ... "TNT'' bracelets. Meanwhile, Kelce is showing the love to the business acumen of Swift. As the Chiefs get busy with OTAs underway and another Super Bowl as the clear goal, Swift is filling up her time with a major move in the entertainment world. For the first time since 2019, she now owns her entire music catalog - with Billboard reporting that it's a $360 million buy. The backstory ... In 2019, Swift's record label sold the rights to Scooter Braun, the controversial record executive who then then sold the 14-time Grammy Award winner's catalog of music to the investment firm Shamrock Capital. But now? Swift is speaking out as she revealed that she's now in control of her original music. She purchased her catalog from Shamrock Capital for an undisclosed amount. And Kelce is joining Brittany Mahomes, wife of Chiefs QB Patrick Mahomes, in celebrating. "I'm trying to gather my thoughts into something coherent, but right now my mind is just a slideshow. As a flashback sequence of all the times I daydreamed about, wished for, and pined away for a chance to get to tell you this news," Swift said in a note to her fans. "I almost stopped thinking it could happen, after 20 years of having the carrot dangled and then yanked away. But that's all in the past now. "I've been bursting into tears of joy at random intervals ever since I found out that this is really happening. I really get to say these words: All of the music I've ever made … now belongs ... to me." This is big news to Swifties. And it's big news to those in "the Chiefs family,'' too, including Brittany Mahomes, who reposted the announcement on Instagram and responded. "Just so amazing," Mahomes wrote on IG. And what does Travis have to say about it all? He showed his "love'' ... with a social-media "like'' on Taylor's account. See? Sweet and story was originally reported by Athlon Sports on Jun 1, 2025, where it first appeared.
Yahoo
31-05-2025
- Business
- Yahoo
Taylor Swift Finally Owns All of Her Old Music
Taylor Swift has regained control of her recorded music catalog six years after her old label, Big Machine Label Group, sold it to Scooter Braun's Ithaca Holdings. The singer announced the purchase in a lengthy letter, writing, 'All of the music I've ever made now belongs to me.' Swift announced the news this morning with a note to fans on her website, as well as a handful of photos on Instagram showing her with vinyl copies of her original records. 'You belong with me,' she captioned the post. More from Rolling Stone How Taylor Won Taylor Swift Got Her Old Albums Back, But Her Re-Records Were Still a Massive Success Taylor Swift's Vinyl Records Are on Sale After Revealing She Now Owns All of Her Music The deal, as Swift wrote, covers not just the rights to her music, including unreleased tunes, but all of her music videos, concert films, album art, photography, and unreleased songs. And there are, of course, equally meaningful, more ephemeral aspects of the deal: 'The memories. The magic. The madness,' Swift wrote. 'Every single era. My entire life's work.' It's unclear how much the deal is worth, but a source tells Rolling Stone that a previously reported price range of close to $600 million, which emerged when rumors of the sale first started circulating, was 'highly inaccurate.' In her letter, Swift said that calling regaining control over her catalog her 'greatest dream come true' was 'actually being pretty reserved about it.' She thanked her fans for all their support, suggesting that the massive success of the Eras Tour and efforts to rerecord her old albums made it possible for her to buy back her music. 'I can't thank you enough for helping to reunite me with this art that I have dedicated my life to, but never owned until now,' she wrote. 'All I've ever wanted was the opportunity to work hard enough to be able to one day purchase my music outright with no strings attached, no partnership, with full autonomy.' Swift went on to say that she was grateful to Shamrock Capital — which has owned the rights to her catalog since 2020 — for 'being the first people to ever offer this to me,' saying their handling of the deal was 'honest, fair, and respectful.' A source close to the contract negotiations also pushed back against what was described as a 'previous false report' that there was an 'outside party' — Braun — who was encouraging the sale back to Swift. 'All rightful credit for this opportunity should go to the partners at Shamrock Holdings and Taylor's Nashville-based management team only,' the source said. 'Taylor now owns all of her music, and this moment finally happened in spite of Scooter Braun, not because of him.' Braun, in a statement shared with Rolling Stone, said, 'I am happy for her.' Ithaca's 2019 acquisition of Big Machine launched one of the most fascinating music industry sagas in recent years. While Big Machine owned the rights to music by an array of top country acts (Reba McEntire, Midland, and Sugarland, to name a few), Swift's first six albums were arguably the crown jewels, and a major reason the sale was valued at around $300 million. By the time Ithaca acquired Big Machine in summer 2019, Swift had already left the label and signed with Universal Music Group (the deal included provisions that would allow her to retain control of her master recordings). As Swift wrote in a blog post at the time, she was aware that, after leaving Big Machine, CEO Scott Borchetta was likely to sell the label — but she never expected Braun to be the buyer. In that same post, Swift highlighted her contentious history with Braun, largely via his work with her longtime foe, Kanye West. She claimed, for instance, that Braun got West and Justin Bieber 'to bully' her online amid the fracas over the leaked phone call regarding a lyric about Swift in West's song 'Famous.' Swift said she was 'sad and grossed out' over the deal, and claimed that any time Borchetta heard her speak Braun's name, 'it was when I was either crying or trying not to.' On top of all that, though, was Swift's desire to simply own the rights to her catalog. 'For years I asked, pleaded for a chance to own my work,' she wrote. 'Instead I was given an opportunity to sign back up to Big Machine Records and 'earn' one album back at a time, one for every new one I turned in. I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future. I had to make the excruciating choice to leave behind my past.' Within a few months of the sale, Swift began teasing her ambitious response: She would rerecord her first six albums, thereby reclaiming some control over the music, while ostensibly diluting the value of the original recordings. In 2021, she launched her Taylor's Version campaign with rerecords of Fearless and Red, both of which were followed in 2023 by Speak Now and 1989. (Along with new versions of the original albums, the projects also included an array of previously unreleased tunes now known as 'vault tracks,' which were also rerecorded.) As for the future of that project, Swift said in her letter today that her 2006 self-titled debut has been 'completely re-recorded,' adding, 'I really love how it sounds now.' But her rerecord of 2017's Reputation is far from complete — 'I haven't even re-recorded a quarter of it' — and Swift admitted she wasn't sure if she would ever finish it. 'The Reputation album was so specific to that time in my life, and I kept hitting a stopping point when I tried to remake it,' she said. 'All that defiance, that longing to be understood while feeling purposely misunderstood, that desperate hope, that shame-born snarl and mischief. To be perfectly honest, it's the one album in those first six that I thought couldn't be improved upon by redoing it. Not the music, or photos, or videos. So I kept putting it off.' Swift went on to say she may share the unreleased Reputation 'vault tracks' at some point, but didn't give any release details. Nor did she share when the rerecord of Taylor Swift would see the light of day. 'Those 2 albums can still have their moments to reemerge when the time is right, if that would be something you guys would be excited about,' she said. 'But if it happens, it won't be from a place of sadness and longing for what I wish I could have. It will just be a celebration now.' Before Swift had originally begun the rerecord project though, her catalog changed hands again. Just over a year after the Big Machine acquisition, Braun's Ithaca Holdings sold Swift's catalog to Shamrock Capital in a deal reportedly worth over $300 million. Prior to that sale, Swift revealed, she'd been trying to get back control of her masters, but claimed that Braun's team was, as part of the deal, demanding she sign 'an ironclad NDA' that would prevent her from speaking negatively about him. Swift also said she considered partnering with Shamrock until she found out that the deal terms would still result in Braun profiting off her old recordings for 'a very long time.' Braun, for his part, later expressed some regret over his handling of the Big Machine acquisition and Swift catalog sale. In a 2022 interview on NPR's The Limits podcast, he admitted to coming from 'a place of arrogance,' assuming that he and Swift could work things out. 'The regret I have there is that I made the assumption that everyone, once the deal was done, was going to have a conversation with me, see my intent, see my character and say, great, let's be in business together,' he said. 'And I made that assumption with people that I didn't know.' Swift concluded her note today by mentioning a massive positive that has come from this saga: The attention it's brought to the hurdles that artists face in trying to control and own their creative output. 'Every time a new artist tells me they negotiated to own their master recordings in their record contract because of this flight, I'm reminded of how important it was for all of this to happen,' Swift wrote. 'Thank you for being curious about something that used to be thought of as too industry-centric for brand discussion. You'll never know how much it means to me that you cared. Every single bit of it counted and ended us up here.' This story was updated at 1:24 p.m. ET with a statement from Braun. Best of Rolling Stone The 50 Greatest Eminem Songs All 274 of Taylor Swift's Songs, Ranked The 500 Greatest Albums of All Time
