8/22 6:48 AM PT -- Taylor Swift appeared on "Good Morning America" Thursday morning and revealed when she intends to begin rerecording her masters ... November 2020. She explains why.
“Yeah that’s true and it’s something I’m very excited about. My contract says starting from November 2020 I can start re-recording albums 1-5. I think artists deserve to own their own work. It’s next year, I’m gonna be busy.” — Taylor on re-recording her music #TaylorSwiftOnGMA pic.twitter.com/W9e1kRN8Hb— Taylor Swift News (@TSwiftNZ) August 22, 2019
The singer told "CBS News Sunday Morning" -- in an interview airing this weekend -- she will rerecord her past songs she'd originally done while signed to Big Machine ... the label Scooter bought a few months back.
As you know ... Taylor was PISSED and went on a rant against Scooter for snapping up her early catalog -- but her plan to cover her own songs won't exactly hurt Scooter the way she thinks it will. Industry experts tell TMZ ... every label, including Big Machine, has a rerecord clause in its contracts with artists. The clause prevents the artist from rerecording on another label, or on their own, and marketing those rerecordings.
Now, we're told that clause usually has an expiration date. We don't know when Big Machine's clause expires, but even when it does ... there's another roadblock. Experts tell us it's called an original production clause -- and it prevents the artist from copying the OG version. So, when and if Taylor remakes her Big Machine tunes ... she will have to deviate from the first versions.
Taylor's revenge scheme has been pulled off before ... most notably by Prince during his battles with Warner Bros. Records. However, in his case, the rerecordings ended up making the originals more valuable. In other words ... Taylor could unwittingly end up putting more cash in Scooter's pockets.
From what music industry experts are telling us, though, Scooter can't be too concerned with Taylor's plan because his $300 million investment in Big Machine has already been a boon. We're told the company's full catalog -- not only Taylor's songs -- is now valued at close to $1 BILLION!!
So, Taylor WILL get something -- she'll own her new master recordings -- but if she's just doing it for revenge ... it might not be a great play.
Originally published -- 8/21 1:02 PM PT