New Delhi, Delhi, India
Pharrell Williams has something to say on Taylor Swift and Scooter Braun beef over rights of music.
Speaking to Variety on the ongoing battle, Pharrell Williams said, âThereâs no other industry out there in the world where a start-up gets off the ground and doesnât own the trademark â it just doesnât make sense. It may be legal, but itâs still a crime. If a bank walks away with ownership of a company and the trademark, how much should a creator really be participating? The artist should always have the lionâs share of their creation.â
âItâs really unfortunate, you know. There was room for [Scooter] to make his acquisition because thatâs just the way the business is, and I felt for [Taylor] and not being able to be in control of it. Thereâs a system in place thatâs just all wrong. Heâs a businessman and he also represents artists, so from his point of view heâs just making an acquisition of something that he felt would be a good investment. But the artist should have the opportunity [to retain ownership], and I donât know whether she did or she didnât,â he said. âI just know that the system is wired in ways that is oftentimes not always fair to the creator. I think it should be the norm that the creators retain their rights.â
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For the unversed, the whole controversy is around Taylor Swift fighting for her rights over her own music while her previous record company, Scooter Braunâs Ithaca Holdings LLC acquired Big Machine Label Group, Taylor Swiftâs former label, sold the rights to her master recordings without her knowledge. When Scooter bought Big Machine Label, he became the owner of all of Taylorâs six albums. In November, he sold her master rights to an investment fund for north of $300 million. Taylor Swift's fans notice Scooter Braun shade in the singer's 'Love Story' Match ad for Ryan Reynolds