No, Taylor Swift's dad did not buy a record label. This is a common misconception that has circulated online, but Scott Swift's involvement in his daughter's music career has been different.

What actually happened is that Scott Swift purchased a 3% stake in Big Machine Records, Taylor Swift's former record label, for approximately $120,000 in 2004. This was not a purchase of the entire label, but rather a minority investment when Taylor first signed with the company as a young artist.

It's important to clarify that this investment was relatively small and did not give Scott Swift control over the label or its operations. Big Machine Records was founded and owned by Scott Borchetta, who remained the primary owner and decision-maker throughout Taylor's time with the label.

The confusion about Scott Swift "buying a record label" may stem from this initial investment, but it's crucial to understand that:

- The investment was only a 3% stake
- It occurred when Taylor was first signing with Big Machine
- It did not constitute ownership or control of the label
- The amount invested ($120,000) was far less than what would be needed to purchase an entire record label

In 2019, when Scooter Braun's Ithaca Holdings LLC acquired Big Machine Label Group, Scott Swift no longer held any ownership stake in the company. This acquisition later led to the widely-publicized dispute over Taylor Swift's master recordings and her decision to re-record her first six albums.

The fact that Taylor Swift's father made an initial investment in Big Machine Records does not equate to him buying a record label. He simply made a minority investment as part of Taylor's early career development, which is not uncommon in the music industry when parents support their children's artistic pursuits.

This clarification is important because it helps dispel misinformation about Taylor Swift's early career and her family's role in her success. While her family was supportive, they did not purchase an entire record label to launch her career.

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