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Big Machine Label Group history
Big Machine Label Group company history timeline
In February 2010, Swift won four Grammys—including Album of the Year (Fearless), Best Country Album (Fearless), Best Country Song ("White Horse"), and Best Female Country Vocal Performance ("White Horse")—becoming the first Big Machine artist to win a Grammy Award.
Swift, statistically one of the world's most popular music artists at the time, had previously delayed the streaming of her 2012 album, Red.
On November 3, 2014, Swift removed all but one of her songs from Spotify after indications of her disapproval of the streaming service emerged in July of the same year.
The Zac Brown Band announced on January 12, 2015, that it had finalized a four-way strategic partnership involving the Southern Ground Artists record label, Big Machine Label Group, Republic Records and John Varvatos Records for the release of its fourth studio album.
In a February 2015 interview, Borchetta refused to comment on the status of the label's distribution deal with Universal Music Group (UMG), which was up for renegotiation at the time.
In May 2017, the label branched out into the alcoholic beverage industry by launching Big Machine Vodka, a premium brand distilled in Lynnville, Tennessee.
Taylor Swift's catalog returned to Spotify in June 2017.
In October 2018, Big Machine was placed for sale, with bids from Macquarie Group, Evan Spiegel and Universal Music Group.
On June 30, 2019, Billboard reported that Scooter Braun's Ithaca Holdings had purchased Big Machine Records for $300 million, with funding from Carlyle Group.
On November 16, 2020, Variety reported that Big Machine had sold the rights to Taylor Swift's first six albums to Shamrock Holdings.
On February 11, 2021, Swift announced that the first rerecorded song, "Love Story (Taylor's Version)", would be released the following day at midnight, which was then followed by the album Fearless (Taylor's Version) on April 9.
On April 2, 2021, it was announced that Ithaca Holdings, including Big Machine, would be sold to the South Korean music and entertainment firm Hybe Corporation (formerly Big Hit Entertainment). Borchetta will remain CEO of Big Machine.
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Big Machine Label Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Billboard | - | $1.8M | 6 | - |
| Mountain Lake PBS | 1977 | $980,000 | 50 | - |
| Cinequest | 1990 | $1.6M | 45 | - |
| Brunet-García | 2003 | $2.7M | 10 | - |
| Inside Lacrosse | 1996 | $4.2M | 48 | - |
| Fort Worth Opera | 1946 | $1.6M | 50 | - |
| Philadelphia Magazine | 1952 | $11.0M | 105 | - |
| Behan Communications | 1988 | $2.0M | 17 | - |
| Overit | 1993 | $860,000 | 50 | 2 |
| Atlantic Records | 1947 | $21.0M | 350 | - |
Big Machine Label Group history FAQs
Zippia gives an in-depth look into the details of Big Machine Label Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Big Machine Label Group. The employee data is based on information from people who have self-reported their past or current employments at Big Machine Label Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Big Machine Label Group. The data presented on this page does not represent the view of Big Machine Label Group and its employees or that of Zippia.
Big Machine Label Group may also be known as or be related to Big Machine Records, Big Machine Label Group and Big Machine Label Group, LLC.