3 Things: Taylor Swift Breaks Down The Difference Between Owning Masters and Publishing Rights

Episode Transcript

Speaker 1 (00:02):
When you need to know She's got you. It's three
things with tip on when I was seven, One good morning.

Speaker 2 (00:09):
Do you know what the difference is between masters and publishing?
I learned that from Taylor Swift last night. Give me
a Hot Secretius before eight o'clock on the fourteenth of
August at eight thirty, I have your chance to win
a pair of tickets to.

Speaker 1 (00:21):
Thunder Down Under. So do not go far all right.

Speaker 2 (00:25):
Two hours of the New Heights podcast episode available for
free free to catch up any time that you want
on the iHeartRadio app. I've kind of broken down to
the podcast down to what I believe are the three
major sections, the album and the music and the Easter Eggs,
the Masters, and then her and Travis's relationship. This hour,
we're going to focus on the Masters, because that ended

(00:47):
up being a really big topic of conversation from Jason
Kelsey also known as Barbara Walters from that interview last night.
Just quickly though, just in case you don't know, Life
of a Showgirl does come out on October third. It's
her twelfth studio album, will only be twelve tracks on
him and Sabena Carpenter is the feature on the last song,
which is the title track.

Speaker 1 (01:07):
Okay, so we know I was sad.

Speaker 2 (01:08):
About two months ago, Taylor made a big post in
announcement that she got her master's back now. On the podcast,
she explains what the masters are.

Speaker 3 (01:18):
Traditionally, a lot of record deals are set up in
a way that artists don't own what's called their master recordings.
Owning your master recordings means that you have complete control
and power over distribution, licensing, and essentially the way your
legacy is shaped.

Speaker 1 (01:37):
I googled it further.

Speaker 2 (01:39):
Master's rights refers to the ownership of the actual sound
recording the master basically the final product, while the publishing
rights pertained to the song's composition the lyrics in the melody.
So always a big deal for Taylor to own her masters.
She even said there's a lot of music videos that
I financed on my own that I didn't own the

(02:00):
rights to. She even went further to say that some
like down the line when Taylor passes on, instead of
her master recordings going down to her kids and her lineage,
whoever owned them, they would pass them down to their kids.

Speaker 1 (02:14):
She's like this, this isn't it right.

Speaker 2 (02:16):
She also explained too that owning the masters isn't a
big deal for every artist, but for her it always was.
She also went on to say that, you know, even
just having the conversation somewhat publicly has led to other
artists inquiring about, hey, like should I own my masters?
Mentioned that her she sent her mom and her brother

(02:36):
to Shamrock Capital, and she was very transparent. She's like,
I didn't even think that Shamrock or anyone would consider
giving them back because there's such a high value and
a high asset, but they ended up doing it.

Speaker 1 (02:47):
And here's here's her reaction your music.

Speaker 4 (02:50):
And I just like very dramatically hit the floor for real,
like honestly just started a long time bawling my out
and I'm just like just weeping.

Speaker 1 (03:03):
You could tell she's even emotional about it there.

Speaker 2 (03:05):
All right, Second, and we'll leave it there. We'll have
more coming up in our next hour. Second, and three
things you need to know, Mayor. I've had some time
in a schedule to meet with the News yesterday and
it talked about the violence here in Cincinnati and addressed
what we're gonna do about it.

Speaker 5 (03:18):
Curfus are set for enforcement this week after Cincinnati City
Council passed a pair of ordinances last week. We have
taken great pains to implement a curfew enforcement protocol that
is fair, that is equitable, and most importantly does not
criminalize children.

Speaker 1 (03:35):
Mayor a You know that. That was my guy Lee
Mouin from seven hundred Wow.

Speaker 2 (03:38):
He also went on to say, outside of the curfew,
there's going to be increased foot patrol, City ambassadors and
the Ohio State Patrol be careful of this is taking
over radar roots on our major highways. I already saw
a bunch of Ohio State cops.

Speaker 1 (03:52):
Out there the last couple of days, all right.

Speaker 2 (03:54):
And then lastly, very quickly, Kanye West announced that he's
got a new documentary coming out in the middle of September.
The producer that made it has been following Kanye since
he was eighteen years old. I'm very curious on what
that footage, just like that istory. Things you need to
know for the fourteenth of August. Good morning,