Tuesday, May 21, 2024

Taylor Swift Updated “Love Story” is a Tragedy for Scooter Braun, Shamrock Capital, with 125K in Sales


Taylor Swift’s “Love Story” has turned into a tragedy for Scooter Braun.

Swift’s re-record of her 2008 hit, “Love Story,” sold 125,000 copies this week, 90 percent of the sales from streaming. The song had 15 million streams.

This isn’t a good omen for Scooter Braun, Scott Borchetta, and Shamrock Capital. The latter paid the former $300 million for the rights to Swift’s catalog from Big Machine Records. That was after they denied Taylor the right to own her own master recordings.

But now Taylor has begun re-recording the old music in an effort to put the old records into oblivion. And it’s working. “Love Story” is the lead single from the re-recorded album, “Fearless,” which will come next. Swift’s fans are organized enough to be marshaled into turning Shamrock’s purchase into a massive write off.

“Love Story” will have a happy ending for Fearless Swift, not so much for the others.


Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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