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Sony reportedly in talks to buy Taylor Swift label
By CMU Editorial | Published on Wednesday 9 November 2011
Sony Music is reportedly negotiating to buy US country-based independent label Big Machine, best known as the company behind the whole Taylor Swift phenomenon, though it’s scored considerable success in the US with other acts like Rascal Flatts and Reba McEntire.
Established by former Dreamworks Records exec Scott Borchetta in 2005, it’s thought the indie’s owners could get over $200 million from the deal, especially given rumours Universal have also expressed an interest in buying the company.