After the massive success of Taylor Swift‘s re-recorded albums, major record labels such as Universal Music Group, Sony Music Entertainment and Warner Music Group are reportedly changing their recording contracts prohibiting artists from re-recording their material for a minimum of 10 years.<\/p>\n
Billboard<\/em> explains that’s Swift’s re-recorded albums, better known as the Taylor’s Version<\/em> albums, have spurred on major cultural moments while decreasing the value of the masters she was not allowed to buy back from Scooter Braun. Top music attorneys allege that the new recording contracts forbid artists from re-recording their music until 10, 15 or even 30 years after their departure from the label. This is a major jump and hurdle from the previous standard recording contracts, which normally stated that artists could re-record music after five to seven years from the original release date, or two years after the contract expired.<\/p>\n \u201cThe first time I saw it, I tried to get rid of it entirely,\u201d Josh Karp, a veteran attorney who has seen the new restrictions in Universal Music Group’s contracts, said. \u201cI was just like, \u2018What is this? This is strange. Why would we agree to further restrictions than we\u2019ve agreed to in the past with the same label?’\u201d<\/p>\n