According to AMC CEO Adam Aron, Swift’s father, Scott Swift proposed the bold idea of bypassing traditional film distributors. By cutting a direct deal with AMC the Swifts eliminated the middlemen and quadrupled their earnings on the deal.
Shattering records
At the pinnacle of her career, Taylor Swift continues to shatter records and redefine the boundaries of success in the music industry.
Her recent triumph at the 2024 Grammy Awards, where she clinched the coveted album of the year award for “Midnights,” marked her fourth win in this category.
The singer’s expanding music catalog has also added to her wealth. After her first six albums, she signed a distribution deal with Universal Music which gave her monetary control over her work. And in 2019, Swift released “Lover.”
After the masters to her first six albums were purchased by Scooter Braun via his acquisition of Big Machine Label Group.
Her strategic decision to re-release her first six albums under the banner of “Taylor’s Version” bolstered her wealth and cemented her legacy. She has re-released four “Taylor’s Version” albums, including “1989,” “Fearless,” “Red” and “Speak Now.” And “The Tortured Poets Department,” her 11th album is due out on April 19.
