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Ownership Dynamics and Sale of Big Machine Records LLC
Big Machine Records LLC has five members including Scott Swift and Taylor Swift. Scott Swift's vote is crucial for a sale, but due to a non-disclosure agreement, he did not participate in the voting. Taylor Swift knew that Big Machine would be sold once she left. The company was eventually sold to the private equity firm Ithica Holdings, led by Scooter Braun, known for managing artists like Justin Bieber and Kanye West.