RUMOR MILL
Big Machine’s deal with UMG is up now, and the jewel in the Nashville label’s crown, megastar Taylor Swift, owes one more album on her current deal. The alleged deal would include Swift’s catalog and the next album.
Friday, February 6, 2015
iTUNES TO PURCHASE BIG MACHINE?
Rumor Swirl Around Alleged $250 Million Deal for Taylor's Label
UPDATE: An iTunes spokesperson has officially denied the below report; stand by for further updates.
Sources close to the situation say that iTunes is in the process of acquiring Scott Borchetta’s Big Machine in a deal valued at $250 million.
Big Machine’s deal with UMG is up now, and the jewel in the Nashville label’s crown, megastar Taylor Swift, owes one more album on her current deal. The deal allegedly being worked out would include Swift’s catalog and the next album.
Swift’s decision to pull her music from free streaming services due to paltry royalties proved a major headache for streaming leader Spotify last year; Apple’s Beats Music is said to be rolling out a retooled version of its subscription service by June.
 STAGECOACH GOES BIG WITH ZACH, JELLY ROLL, LUKERecord-breaking heat wave in the forecast. (9/6a)
LINKIN PARK ROARS BACK WITH NEW ALBUM, SINGER, TOURThis oughta be interesting. (9/6a)
HITS' FIRST LIVE ISSUE TAKES THE STAGE THIS FALLWe're putting our asses in seats. (9/4a)
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ALL THE WAY LIVE
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