Taylor's New Record Deal Could Pay As Much As $200M

Taylor started the day with good news, landing the No. 2 spot on Forbes' list of the top-earning women in music. Within minutes, she had one-upped herself, announcing a new record deal with Universal Music Group's Republic Records. Though terms were not officially released, the pact could be worth anywhere from $100 million in guarantees to perhaps $200 million, Forbes has learned from multiple sources who've asked to remain anonymous.

Taylor Signs New Deal With Universal Music Group And Republic Records

Taylor has signed a new global recording agreement with Universal Music Group, the company announced today. Under the multi-year agreement, UMG will serve as the exclusive worldwide recorded music partner for Taylor and UMG’s Republic Records will serve as her label partner in the U.S. The singer’s previous deal with Big Machine Records, which released all of her previous albums and is distributed by UMG, ended earlier this month.