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Taylor Swift has regained ownership of her master recordings after a year'sl long attempt. Swift Masters were
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previously owned by private equity firm Shamrock Capital who purchased them from
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music manager Scooter Braun in 2020. The rights include Swift's first six albums,
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music videos, concert films, and more. She reportedly paid around $360 million in the deal. I would like a serious
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take. What do you think about this? I think it's capitalism. I think if she wants to own her own catalog, that's her
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business. She doesn't have a toilet paper company or a suppository using Shake It Off. Good. Good idea. And this
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is really going to go crazy in AI when all of a sudden Lincoln starts giving people advice. Or if if Warren Buffett
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doesn't have serious IP protection in three generations, some kid who's got a cocaine habit and has squandered all of
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his inheritance says, "Well, I'm going to start an investment app using Warren Buffett." So the advantage to her is
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that she has other considerations than just purely monetizing every ounce and every dollar out of her songs. Smart
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move by Taylor Swift. She owns herself. She's a young woman. She'll be able to benefit from this for many, many decades
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to come, I suspect. So good for her.