Scott Borchetta

Entrepreneur

Scott Borchetta was born in Burbank, California, United States on July 3rd, 1962 and is the Entrepreneur. At the age of 61, Scott Borchetta biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
July 3, 1962
Nationality
United States
Place of Birth
Burbank, California, United States
Age
61 years old
Zodiac Sign
Cancer
Networth
$200 Million
Profession
Businessperson
Scott Borchetta Height, Weight, Eye Color and Hair Color

At 61 years old, Scott Borchetta physical status not available right now. We will update Scott Borchetta's height, weight, eye color, hair color, build, and measurements.

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Scott Borchetta Religion, Education, and Hobbies
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Scott Borchetta Spouse(s), Children, Affair, Parents, and Family
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Scott Borchetta Career

Career

Interested in life beyond Los Angeles, Borchetta began to pursue a career in music. After playing in several rock bands, he left California and moved to Nashville with his father. There, Borchetta played bass in a country band and spent his days working in his father's mail room promoting country singles. After 8 months on the road, he left his band since they were not finding success. While working with his father, Borchetta learned about the music industry and how it operates, and used this knowledge to pursue jobs at record labels. In 1985, he got a job at MTM Records, where he stayed for three years. He then spent two years working as an independent promoter before working in promotion and artist development at several other record labels, including MCA Nashville Records, DreamWorks Nashville and Universal Music Nashville.

In 2005, Borchetta left Universal Music Nashville to start his own independent record label, Big Machine Records. Borchetta disagreed with how major labels run their business, and felt that he and his friend Neil Adams could run his own label more efficiently than what he had seen.

Borchetta signed his first artist, singer-songwriter Taylor Swift (whom he had met in 2004) when she was 14 years old. Swift went on to become Big Machine's most successful artist and win the label two Grammy Awards for Album of the Year for the albums Fearless at the 2010 Grammy Awards and 1989 at the 2016 Grammy Awards.

On June 30, 2019, Ithaca Holdings, run by Scooter Braun, bought Big Machine Records, with Borchetta staying on as CEO. This transaction included the masters of Swift's first six albums. Swift voiced her frustrations in a Tumblr post, saying to have been trying to buy the masters for years and described Braun as an "incessant, manipulative bully". Swift also said Borchetta's loyalty was only through contracts, and that he knew "exactly what he was doing" when making this deal with Ithaca Holdings. Swift expressed that these men were "controlling a woman who did not want to be associated with them". The dispute escalated throughout the year, both parties claiming to be owed millions of dollars from the other. Swift accused Braun and Borchetta of holding her back from being able to perform her older songs during her American Music Awards for her Artist of the Decade award, as well as for her Netflix documentary, Miss Americana. On the same day Swift posted on her Tumblr account, Borchetta went on Big Machine Records and posted his own statement. He said he forewarned Swift through text the night before. "Taylor and I remained on very good terms when she told me she wanted to speak with other record companies and see what was out there for her. I never got in her way and wished her well." He said that she had the opportunity to own not just her recordings, but everything else.

In its 14th season, Borchetta became the senior mentor of the reality music competition American Idol.

In February 2017, Canadian media company Bell Media announced that it had partnered with Borchetta to develop a new, international television format that would "uncover, develop, and promote pop culture's next musical superstars". The new series, The Launch, premiered in January 2018, with Borchetta as executive producer.

In his youth, Borchetta competed in motocross and quarter midget racing in Southern California. After a dormancy as he focused on music, he began racing legends cars in 1995 at Nashville Fairgrounds Speedway as part of the Summer Legends Shootout Series founded by country music group Brooks & Dunn. In 1999, he moved to the NASCAR SuperTruck Weekly Series and won three consecutive championships from 2003 to 2005, and also raced in the Valvoline Cup Truck Series. He was inducted into the Nashville Fairgrounds Speedway Hall of Fame in 2020; his SuperTruck crew chief James Buttrey was enshrined a year later. In March 2021, Borchetta was named executive advisor to the Hall of Fame.

Borchetta befriended NASCAR crew chief Ray Evernham while filming a 2014 episode of Evernham's television series AmeriCarna, and Evernham invited him to drive a 1972 Chevrolet Corvette in the Sportscar Vintage Racing Association. He won the SVRA Group 6 national championship in 2020.

In June 2020, Borchetta debuted in the Trans-Am Series TA2 class at Mid-Ohio Sports Car Course. A year later, when Trans-Am joined the IndyCar Series at the new Music City Grand Prix in Nashville, Big Machine Records assumed naming rights of the weekend while Borchetta entered the Trans-Am support event.

Big Machine Racing, a NASCAR Xfinity Series team owned by Borchetta, began competition in 2021 with Jade Buford as the driver.

Source

Since Taylor Swift re-releases hit song 1989: "I'm shaking so bad I can't calm down."

www.dailymail.co.uk, October 27, 2023
Following a tumultuous debate over her back catalogue's ownership, Taylor Swift finally re-released her 2014 hit album 1989 (Taylor's Version) on Thursday. Fans of the major announcement have taken over X, which has also been known as Twitter, in a rage over the major release. The hitmaker, 33, who denied rumors that she is bisexual in the record's prologue, has re-released and announced the new version of the album to reclaim ownership of her music. Scooter Braun bought Taylor's original label Big Machine Label Group from then-owner Scott Borchetta, 60, for $330 million, effectively owning her music and ensuring she barely gains from her own tracks.

Kelly Clarkson believes Scooter Braun 'took offense' to her suggesting Taylor Swift re-record albums

www.dailymail.co.uk, June 23, 2023
Kelly Clarkson is speaking out about a tweet she sent in 2019 urging Taylor Swift to re-record her old albums, implying that she may have offended Scooter Braun. Big Machine Records, Swift's old record label, was purchased by Braun in June 2019, making him the owner of her master recordings. She had been trying to buy back her masters before the company was sold to Braun, but the label's founder, Scott Borchetta, refused to buy the operation before selling the business to Braun.

Scott Swift's father, Taylor Swift, received $15.1 million from her catalog's auction to Scooter Braun in 2019

www.dailymail.co.uk, June 16, 2023
Taylor Swift could be unable to get this one off. According to a study by Music Business Worldwide, Swift's father Scott Swift received a $15.1 million payday after her catalog was sold to Scooter Braun in 2019 amid tumultuous circumstances. Braun, 41, who acquired Taylor Swift's original label, Big Machine Label Group, from then-owner Scott Borchetta, 60, for a $330 million dollar.