Ithaca acquired the Big Machine Label Group back in June 2019, giving the company the rights to six of Swift's albums from her 2006 self-titled debut through to 2017's 'Reputation'. The singer signed with Republic Records, who are owned by Universal Music Group, in 2018.
In a statement on Twitter, Swift said she hoped to `clear things up` in regards to the sale of her masters and revealed that she had been attempting to negotiate with Braun prior to the sale.
Swift said that Braun's team wanted her to sign an `ironclad NDA stating I would never say another word about Scooter Braun unless it was positive, before we could even look at the financial records of BMLG`.
`So I would have to sign a document that would silence me forever before I could even have a chance to bid on my own work,` she added. `My legal team said that this is absolutely NOT normal, and they've never seen an NDA like this presented unless it was to silence an accuser by paying them off.