After a six-year-long battle to secure the rights to her first six albums, Taylor Swift is now officially the sole owner of her masters.

The popstar announced via a letter on her website on Friday, 30 May, that she has bought back her music catalogue from Shamrock Capital, with the price of the settlement being kept under wraps.

"Hi. I’m trying to gather my thoughts into something coherent, but right now my mind is just a slideshow. A flashback sequence of all the times I daydreamed about, wished for, and pined away for a chance to get to tell you this news. All the times I was thiiiiiiiiiiiiis close, reaching out for it, only for it to fall through. I almost stopped thinking it could ever happen, after 20 years of having the carrot dangled then yanked away. But that's all in the past now," Swift wrote in an emotional statement posted to her website.

“I’ve been bursting into tears of joy at random intervals ever since I found out that this is really happening. I really get to say these words: All of the music I’ve ever made... now belongs... to me," she continued, revealing that she is now the sole owner of all her music videos, concert films, album art, photography and unreleased songs.

In June 2019, Scooter Braun’s Ithaca Holdings acquired Scott Borchetta’s Big Machine Records in a massive $300 million deal. Swift’s catalog, which included her six albums: Taylor Swift, Fearless, Speak Now, Red, 1989 and Reputation.

In June 2019, Swift penned a Tumblr post stating that she learned about Braun’s “purchase of my masters as it was announced to the world.” She also labeled him a “bully” and “the definition of toxic male privilege in our industry.”

The following year, Braun’s Ithaca Holdings sold Swift’s masters to Shamrock Capital for $300 million. At the time, Swift stated in a post to Twitter that her team had received a letter a few weeks prior from Shamrock—the private equity firm founded by Roy Disney—with the notice that it had acquired her six-album catalogue.

“This is the second time my music had been sold without my knowledge,” Swift said in the post at the time. According to Swift, Shamrock said that before the sale, Braun required that the firm make no contact with her or her team, or the deal would not go ahead.

A suggestion from fellow pop music peer Kelly Clarkson motivated Swift to ultimately re-record her first six albums, adding “Taylor’s Version” to each title so fans could distinguish from the originals. Swift’s re-recorded albums – Fearless (Taylor’s Version), Red (Taylor’s Version), Speak Now (Taylor’s Version) and 1989 (Taylor’s Version) – all debuted at No. 1 on the Billboard 200 and proved to be incredibly profitable.

Swift also cleared the air on the highly-anticipated Reputation (TV), which will be among the last of the six re-recorded albums, apart from her self-titled debut album.

“I know, I know. What about Rep TV? Full transparency. I haven’t even re-recorded a quarter of it. The Reputation album was so specific to that time in my life, and I kept hitting a stopping point when I tried to remake it. All that defiance, that longing to be understood while Feeling purposely misunderstood, that desperate hope, that shame-born snarl and mischief. To be perfectly honest, it’s the one album in those first 6 that I thought couldn’t be improved upon by redoing it," she explained.

The artist continued, “Not the music, or photos, or videos. So I kept putting it off. There will be a time (if you’re into the idea) for the unreleased Vault tracks from that album to hatch. I’ve already completely re-recorded my debut album, and I really love how it sounds now.”

Read Swift’s full letter here.