Taylor Swift has found a "new home." The singer announced that she has signed a new record deal with Republic Records and Universal Music Group, which means she’s leaving Big Machine Records after 13 years.
The singer revealed the news on Instagram, sharing that with it she will take ownership of her own masters. She also took a step to help other artists, saying she signed with UMG on “one condition,” that they promise any sale of UMG’s shares in music-streaming company Spotify be distributed back to other artists, saying it, "meant more to me than any other deal point."
She adds, “I see this as a sign that we are headed towards positive changes for creators – a goal I'm never going to stop trying to help achieve, in whatever ways I can."
- She concluded her post with a "heartfelt thanks" to Big Machine’s Scott Borchetta, noting, I’m extremely grateful to get to do what I love, especially with the people I’ve been fortunate enough to work with.”
- As for how much money Taylor’s getting for her new deal, no information was revealed. Check out her post below.