In 2019, her former label Big Machine sold the master recordings of her first six studio albums to Scooter Braun, who later sold them to the private equity firm Shamrock Holdings. At the time, Swift couldn’t see that the circle would close with Shamrock selling the albums back to her.

Swift announced that she got her masters back — and along the way, revealed that the re-record of Reputation would likely never come out, and that she had already finished the Taylor’s Version of her debut.