Scooter Braun has reacted to Taylor Swift’s announcement that she bought back the rights to her entire discography.

“I am happy for her,” Braun, 43, told Us Weekly in a Friday, May 30, statement.

Swift, 35, revealed several hours earlier that she purchased the rights to her music from Shamrock Capital. (Braun had previously sold the catalog to the venture capital firm after he bought it from Big Machine Records.)

“I almost stopped thinking it could ever happen, after 20 years of having the carrot dangled and then yanked away,” the Grammy winner wrote in a lengthy letter. “But, that’s all in the past now. … I really get to say these words: All of the music I’ve ever made now belongs to me.”

She added, “To say this is my greatest dream come true is actually being pretty reserved about it,” she said. “To my fans, you know how important this has been to me — so much so that I meticulously re-recorded and released four of my albums, calling them ‘Taylor’s Version.’ The passionate support you showed these albums and the success story you turned The Eras Tour into is why I was able to buy back my music. I can’t thank you enough for helping to reunite me with this art that I have dedicated my life to, but have never owned until now.”

This story is developing.