Universal Is Only Major Label Left in Running to Buy Taylor Swift's Big Machine Label Group, as Bids Top $300M
Macquarie Capital is also among the remaining suitors, sources say. The bidding for Big Machine Label Group -- home to Taylor Swift 's catalog -- has climbed north of $300 million and Universal Music Group is the only major record company left in the race, sources tell Billboard . Macquarie Capital is also among the remaining suitors, sources say. Reps for Big Machine and UMG declined to comment, while Macquarie didn't respond to a request for comment. Big Machine, the Nashville-based label that Scott Borchetta founded in 2005, issued Swift's self-titled debut in 2006 and has since ballooned with artists including Florida Georgia Line and Thomas Rhett . But Swift's most recent album, Reputation , released in November 2017, was her last under her current contract with Big Machine, making her a free agent come November. Big Machine has been trying re-sign Swift for months , sources say, other labels have been in talks to try to sign her...