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Evidence receipt / belief

Published · transcript-backed

Ben Gilbert: belief

23 Jan 2022 Acquired Taylor Swift (Acquired’s Version)

“I think Shamrock and the Disney family are going to be left holding the bag on this investment that they'll never recoup, which is the great irony of Taylor Swift not recouping.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
23 Jan 2022
Publisher
Acquired

Transcript context

…That feels like a pretty bad deal. There has never been a more overvalued asset in the music industry than the masters for Taylor Swift's original albums at $300 million today. Not only is she actively devaluing them, but the whole industry is at a complete peak for what people are willing to pay for assets. Some people are even calling it a bubble in the music industry, just like they are in public equities or in startups. I think Shamrock and the Disney family are going to be left holding the bag on this investment that they'll never recoup, which is the great irony of Taylor Swift not recouping. Right. Oh, boy. It certainly seems that way. Yeah, things could change, but how? Taylor is committed to this project now. Even if Taylor and Shamrock were to smooth things over and have good relationships because she's remaking them, she's going to want the new versions.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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