Scooter Braun, the prominent music mogul, has addressed the contentious issue concerning the ownership of Taylor Swift’s music catalog. In a recent statement shared on his Instagram account, Braun offered his side of the story in an attempt to clear up misunderstandings.

In his address, Braun pointed out the existence of “many inaccurate stories” being circulated and expressed his intention to clarify the facts. He continued by stating his long-standing admiration for Swift and her achievements, emphasizing that it was never his intention to cause her distress.

Braun explained that his acquisition of Big Machine Label Group, the entity holding rights to Swift’s first six albums, was intended to support the founder, Scott Borchetta, and to foster growth within the music industry. He noted that he was not aware of the deal’s specifics beforehand and only became involved during its final stages.

Additionally, Braun responded to Swift’s allegation that she was uninformed about the transaction until it was reported in the media. He claimed to have made several attempts to reach out to Swift’s representatives to discuss the matter but to no avail.

Regretting how the issue escalated to the public sphere and sparked widespread debate, Braun expressed his disappointment. He had wished for a private resolution rather than a public dispute.

Braun concluded his remarks by expressing a desire for an amicable resolution and a positive future relationship with Swift. He reiterated his respect for her as an artist and stated his reluctance to engage in any public disagreements.

As the music community awaits further developments, Braun’s statement has brought some clarity to his perspective, thereby addressing some of the key issues in the ongoing controversy.