No, Taylor Swift's dad did not buy a record label. This is a common misconception that has circulated online. Scott Swift, Taylor's father, was actually a financial advisor who purchased a 3% stake (approximately $300,000) in Big Machine Records in 2004, when Taylor was first signed to the label.

It's important to understand that this was a minority investment, not a purchase of the entire label. Big Machine Records was founded and owned by Scott Borchetta, who remained the primary owner and decision-maker of the company throughout Taylor's time there.

The reason this topic often comes up is because some people mistakenly believe Taylor's success was bought rather than earned. However, the reality is that her father's investment was relatively modest in the context of the music industry, and it didn't give him or Taylor control over the label.

Here are the key facts about Scott Swift's involvement with Big Machine Records:

- He purchased a 3% stake for approximately $300,000
- The investment was made after Taylor had already impressed Scott Borchetta with her talent
- He was a minority shareholder with no controlling interest
- The investment represented standard music industry practice where early investors help fund new labels

Taylor Swift has since left Big Machine Records and signed with Universal Music Group's Republic Records in 2018. The controversy surrounding her masters' ownership with Big Machine Records was unrelated to her father's initial investment and occurred years later when the label was sold to Scooter Braun's company in 2019.

In conclusion, claims that Taylor Swift's father "bought a record label" are false. He made a minority investment in Big Machine Records, which is a common practice in the music industry for promising new artists and labels.

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