Entertainment: Elizabeth Warren Weighs In on Taylor Swift's Dispute With Big Machine: 'It's Time to Rein In Private Equity Firms' - - PressFrom - Australia
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Entertainment Elizabeth Warren Weighs In on Taylor Swift's Dispute With Big Machine: 'It's Time to Rein In Private Equity Firms'

14:50  17 november  2019
14:50  17 november  2019 Source:   billboard.com

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It ' s time to rein in private equity firms —and I've got a plan for that." Halsey, Selena Gomez, Camila Cabello and more were among the artists that quickly showed support for Swift in the wake of the conflict. Big Machine countered back at Swift ' s accusations, saying her statements were "based on

Elizabeth Warren jumped into Taylor Swift ' s dispute with ex-management, saying Swift "is one of many whose work has been threatened by a private equity firm ." They’ re gobbling up more and more of our economy, costing jobs and crushing entire industries. It ’ s time to rein in private equity

Democratic presidential candidate Elizabeth Warren has joined a number of public figures and celebrities taking to social media to comment on Taylor Swift's battle with Scott Borchetta, head of Big Machine Label Group, and Scooter Braun, the company's new owner.

On Thursday night (Nov. 14), Swift penned a letter on social media claiming that Borchetta and Braun, whose Ithaca Holdings acquired Big Machine Label Group (and Swift's entire six-album catalog with the label) in June, were not allowing her to perform a medley of her earlier hits at this year's American Music Awards, where she'll be honored as Artist of the Decade, or to use her older music in a forthcoming Netflix documentary. She also called out the private equity corporation the Carlyle Group, "who put up money for the sale of my music to these two men."

Elizabeth Warren wearing a microphone © Nathan Klima for The Boston Globe via Getty Images Elizabeth Warren On Saturday (Nov. 16), Warren tied Swift's situation in to her own platform in her run for office in 2020.

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Swift ends the note by urging fans to encourage other artists that Braun manages to take up her The rep also claimed that it ’ s Big Machine that owes Swift money, to the tune of Alexandria Ocasio-Cortez (D-NY) weighed in by criticizing the private equity firm The Carlyle Group, which provided

Pop singer Taylor Swift ’ s embrace of the Democratic Party and its Elizabeth Warren has jumped in on the singer’ s side of the dispute . But there’ s more to the story than In responding to a tweet from the recording artist, Warren assured social media she has a plan to reign in private equity firms

"Unfortunately, @TaylorSwift13 is one of many whose work has been threatened by a private equity firm," Warren wrote in a statement on Twitter. "They're gobbling up more and more of our economy, costing jobs and crushing entire industries. It's time to rein in private equity firms—and I've got a plan for that."

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Halsey, Selena Gomez, Camila Cabello and more were among the artists that quickly showed support for Swift in the wake of the conflict.

Big Machine countered back at Swift's accusations, saying her statements were "based on false information," while a spokeswoman for Swift said, "Please notice in Big Machine’s statement, they never actually deny either claim Taylor said last night in her post."

Over the summer, Swift alleged that Braun’s new ownership of her master recordings was her "worst case scenario," claiming that he'd engaged in a campaign of "incessant, manipulative bullying" against her for years.

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