In October 2012, Borchetta told Rolling Stone magazine: ' Scott Swift owns three percent of Big Machine.' īy March 2009, Big Machine artist Danielle Peck had left the label.

Keith dropped his affiliation with the label in 2006, but he was reported as an equity holder in November 2014, alongside the Swift family and Borchetta (the latter reportedly owned 60 percent of the business at the time). Soon after he released Swift's first ever recording, the single ' Tim McGraw' and her debut album Taylor Swift. In mid-2006, ' Wherever You Are' off this album reached number one on Billboard Hot Country Songs, thus becoming the label's first single to top that chart. Big Machine's first album release was Live: Wherever You Are, a re-release of a live album he had previously issued independently in 2004. The first signees to Big Machine were Jack Ingram and Danielle Peck. He formed the label in 2005, naming it 'Big Machine' after a 2004 song by the band Velvet Revolver. Swift eventually recontacted Borchetta around two weeks later, telling him: 'I'm waiting for you.' He made an offer to Swift and her parents, whereby he would recruit her to the new label's roster after it was established. At the time, Borchetta had no infrastructure or financing. Before he left DreamWorks, Borchetta approached Taylor Swift and her family after the musician performed at the Bluebird Café in Nashville, Tennessee after first meeting her in 2004. According to Bloomberg Businessweek, Borchetta was an 'involved manager' at MCA, 'choosing singles and dispensing advice.' After he was fired from MCA in 1997, Borchetta accepted a role at the Nashville division of DreamWorks Records, but later decided to start his own label after Universal acquired the division. Big Machine Records was founded by Scott Borchetta, a former punk rock bass guitar player who had worked in the mailroom of his father Mike's music company and eventually became a promotions staff member in 1991 for Universal Music Group's MCA Records.

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