Taylor Swift vs Private Equity

Scooter Braun negotiated a $50 million earnout when he sold Taylor's first six albums to Shamrock Capital. Swift may be the most viral example of attempting to destroy earnout value. She took advantage of a streaming world and changed the industry. In response, her current label UMG doubled the amount of time required before an artist can rerecord their songs.
www.asimplemodel.com/insights...