Taylor Swift now owns her original Big Machine albums and her re-recordings of them. Here's how she can monetize both, according to experts.

A more realistic path for freelancers and creators just starting out is to focus on building your reputation first. Yes, ownership is lovely, but paying rent is lovelier. Take the work that's offered, learn the business, then gradually negotiate better terms as your value increases.

On Friday, Taylor Swift announced she now owns all the music she has ever made. This reported US$360 million acquisition includes all the master recordings to her first six albums, music videos, concert films, album art, photos and unreleased material.