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    Big Machine Records
    Music

    Big Machine Records

    United States flagUnited States

    "Independent country music powerhouse"

    Founded September 2005 Nashville, Tennessee, United States CEO: Jimmy Harnen
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    About

    Big Machine Records was founded in September 2005 by Scott Borchetta, a former DreamWorks Records executive, with financial backing from country star Toby Keith, who provided office space on Music Row in Nashville. The label's first signing was a 15-year-old Taylor Swift, whose self-titled debut album in 2006 launched both her career and the label's reputation. Over the next decade, Big Machine became a dominant force in country music, signing acts like Tim McGraw, Rascal Flatts, Reba McEntire, Florida Georgia Line, and Thomas Rhett. The label operates under the Big Machine Label Group umbrella, which includes imprints such as The Valory Music Co., Dot Records, and Nash Icon.

    In June 2019, Borchetta sold Big Machine Label Group to Ithaca Holdings, owned by music manager Scooter Braun, in a deal valued at over $300 million. The sale sparked a highly publicized feud with Taylor Swift, who claimed she was not given a chance to buy her master recordings and accused Braun of bullying. Swift began re-recording her first six albums as the Taylor's Version series to devalue the originals. In 2020, Big Machine released a live album without Swift's approval, which she called shameless greed. The label also faced criticism for allegedly blocking artists from performing old songs on television.

    In September 2023, Borchetta stepped down as CEO, becoming Chairman of the Board, and Jimmy Harnen, a former Sony Music Nashville executive, was appointed President and CEO. Big Machine continues to operate as a major independent label, signing new artists like Mackenzie Carpenter in 2024 and maintaining a distribution deal with Universal Music Group. In November 2023, the label partnered with Disney Music Group for physical distribution and sync licensing. The following year, Borchetta's non-compete clause expired and he launched Borchetta Music Group, a new competitive venture.

    Products & Sub-brands

    Big Machine Records (mainstream country)The Valory Music Co. (country/pop)Dot Records (pop/rock)Nash Icon (heritage country artists)Artist development and marketingRecording and distribution services

    Frequently Asked Questions

    Who owns Big Machine Records?
    Big Machine Records is owned by Ithaca Holdings, a company founded by Scooter Braun, which acquired the label in 2019. Ithaca Holdings was later acquired by HYBE Corporation in 2021, making Big Machine part of HYBE America.
    Who is the CEO of Big Machine Records?
    As of September 2023, the CEO of Big Machine Label Group is Jimmy Harnen, a former Sony Music Nashville executive. Founder Scott Borchetta stepped down as CEO to become Chairman of the Board.
    How much is Big Machine Records worth?
    Big Machine Label Group was valued at over $300 million when it was sold to Ithaca Holdings in 2019. The exact current valuation is private, but the label's value decreased significantly after losing the Taylor Swift catalog.
    Does Taylor Swift still own her masters?
    No, Taylor Swift does not own the master recordings of her first six albums. Those masters are owned by Big Machine Records, now under Scooter Braun/Ithaca Holdings. Swift is re-recording those albums as 'Taylor's Version' to create new masters that she owns.
    Is Big Machine Records still in business?
    Yes, Big Machine Records is still in business and actively signing and releasing new music. It continues to operate as a major independent country label under the leadership of CEO Jimmy Harnen.

    Keywords

    record labelcountry musicScott BorchettaTaylor SwiftNashvilleIthaca HoldingsScooter Braunmaster recordingsBig Machine Label Group

    Company Info

    Founded
    September 2005
    Founder
    Scott Borchetta
    CEO
    Jimmy Harnen
    Headquarters
    Nashville, Tennessee, United States
    Industry
    Music
    Parent Company
    Ithaca Holdings (HYBE America)
    Key Artist
    Taylor Swift (2006-2018)
    Sale Value (2019)
    Over $300 million

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