And, the essence of our business is to make great investment decisions. “We’re already one of the leaders in diversity, with almost half of our assets are managed by women. “We have made huge strides in pushing diversity and division,” he said. Lee also touted the cultural changes that have been made at Carlyle since he came in a CEO two years ago. Lee was also asked about the trade war with China, to which he answered: I think we are in a period of time where construction engagement is going to be needed, maybe on a multilateral basis, to find fair standards that work for international - on an international standards basis, where we have healthy competition, where we have free flow capitol and smart regulations, so that these ecosystems can learn to coexist and mutually prosper.” And I think that story is probably something that needs to be better communicated.” And that’s a little bit understood, but what’s really not really understood is the role that we play in our companies. And we provide the returns that enable these people, grandmothers, grandfathers, to retire comfortably. We have an enormous value-added function in the economy because of the returns that we are providing to first responders, teachers, folks in unions. “I do think private equity is a misunderstood industry. He asks to have a “direct and honest conversation.” The label ends the statement by saying “we share a collective goal of giving your fans the entertainment they both want and deserve.Pointing to a tweet by Senator Elizabeth Warren which suggested that Swift is “one of many whose work has been threatened by a private equity firm,” Lee was asked if private equity gets a bad rap to which he agreed. “However, despite our persistent efforts to find a private and mutually satisfactory solution, Taylor made a unilateral decision last night to enlist her fanbase in a calculated manner that greatly affects the safety of our employees and their families,” the statement reads.īorchetta then claims that the story Swift told fans isn’t real. They add that they don’t have a right to stop her from performing live anywhere.Īccording to the statement, they have been trying to work with Swift to resolve their issues since she left the label. The label said that they have never told Swift that she couldn’t perform at the AMAs or block her Netflix special. “…They claim that would be re-recording my music before I’m allowed to next year.”īorchetta responded to Swift’s claims by releasing a statement through the Big Machine Records website titled “As Taylor Swift’s partner for over a decade, we were shocked to see her Tumblr statements yesterday based on false information.” Scott Borchetta and Scooter Braun have now said that I’m not allowed to perform my old songs on television,” Swift said in her post. “I’ve been planning to perform a medley of my hits throughout the decade on the. The record label said, 'As Taylor Swifts partner for over a decade, we were shocked to see her Tumblr statements yesterday based on. The pop-star claimed that Braun and Borchetta are holding her music hostage so she won’t be able to perform her old songs at the American Music Awards or allow it in her upcoming Netflix documentary. Following Swifts statement, Big Machine made one of its own. Don’t know what else to do /1uBrXwviTS- Taylor Swift November 14, 2019
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