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VERIFIED QUOTE · reported 2026-10-24

“I have good news and bad news. The good news is I want to sign you, and the bad news is I’m not gonna be with Universal Records any more.”

Scott Borchetta · said date not stated · reported 2026-10-24

Swift recalls Scott Borchetta calling to say he wanted to sign her but was leaving Universal Records to start a new label.

verbatim, matched to source text 1 source Variety

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