Taylor Swift record label contract to end as star becomes free to negotiate

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Taylors shaking off her old contract (Picture: Kevin Winter/Getty Images for TAS)

Taylor Swift is set to become a free agent this November when her decade-long recording contract comes to an end.

Signed to Big Machine Records back in 2006, Swift was just 15 when she put pen to paper for CEO Scott Borchetta.

Now, more than 12 years later and the Reputation singer could soon be going solo again.

According to Variety, Taylor is free to talk to other labels but is still under contract until November and so cannot move until then.

Taylor could be about to sign the biggest artist deal of the century (Picture: Pascal Le Segretain/Getty Images)

Reportedly in discussions with several majors, Swift is reportedly looking to take majority control of the rights to her master recordings, including her previous albums – Big Machine currently receives 80% of their revenue from Taylor Swifts music.

Industry commentators are predicting a huge deal for Swift later this year, while respected music business lawyer Doug Davis told Variety it could be the biggest of the century so far.

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If she is seeking to break financial records and extend with a major, began Davis, she could have the biggest artist deal of the century so far.

Under her current deal, Swift has released five number one albums, 18 Billboard top 10 singles and sold over 40 million records making her one of the best-selling artists in the business.

BGUK_1257670 - Manchester, UNITED KINGDOM - Taylor Swift opening night of her Reputation tour at the Etihad Stadium in Manchester Pictured: Taylor Swift BACKGRID UK 8 JUNE 2018 BYLINE MUST READ: FARRELL / BACKGRID UK: +44 208 344 2007 / uksales@backgrid.com USA: +1 310 798 9111 / usasales@backgrid.com *UK Clients - Pictures Containing Children Please Pixelate Face Prior To Publication*
Swift has sold over 40 million albums worldwide (Picture: FARRELL / BACKGRID

Taylor was recently named in a plane crash investigation as the pilot wrote her letters and listed her as his next of kin.

Canadian Michael Callon, who died after attempting to land his aircraft in dense fog at Nashville Airport, was over the legal alcohol limit and the sole passenger in the Cessna 172R plane.

According to a report by WSMV-TV, Michael underwent a mental health evaluation in 2012, where he admitted to sending a number of letters to Taylor.

More: Taylor Swift

The medical examiner had described the notes to have the flavour of stalking.

Taylor Swifts publicist had previously denied the singer knew Callon.

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