Taylor Swift is believed to be raking in £6.7million in streaming royalties every month after re-recording some of her earlier albums.

The American pop sensation, 33, made the decision to re-record her earlier albums after her feud with Scooter Braun – which she revealed in 2019.

Taylor, who recently announced she will be releasing 1989 (Taylor’s Version), is set to increase her eye-watering earnings even further.

Taylor is said to have already earned more than £5,000,000 in estimated royalties following the release of Speak Now (Taylor’s Version) in June.

According to the latest reports, her re-recorded albums have a combined streaming total of 6,872,886,786.

Making it rain! Taylor Swift is believed to be raking in £6.7million in streaming royalties every month after re-recording some of her earlier albums

The singer-songwriter, who has the most Billboard Hot 100 entries out of any female artist in the world, earns an estimated £6,738,785 a month in royalties solely from her three re-recorded albums.

Following the singer’s 2019 dispute over her master recordings, to reclaim ownership of her music, she began re-recording and releasing her earlier catalogue.

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Casino experts KingCasinoBonus.uk analysed Spotify data to determine how much Taylor Swift potentially earns in royalties from her re-recorded albums.

Streaming services pay artists on a pay per stream basis, meaning for every song stream, Taylor Swift will earn £0.0063 in royalties.

Fearless (Taylor’s Version) was the first album to be re-recorded and re-released and receives an estimated £597,263 in royalties a month.

This album was released in 2008, the re-recorded version was released on April 9 2021 and has so far received 2,559,699,885 streams, meaning it has earned an estimated total of £16,126,109 in royalties

Red (Taylor’s Version) was the second album to be re-recorded and receives an estimated £1,106,924 in royalties a month.

Red was originally released in 2012, the re-recorded version was released on November 12 2021 and has received over 3,514,044,437 streams on Spotify, earning an estimated total of £22,138,480 in royalties.

Speak Now (Taylor’s Version) is the most recent release, and despite only being out for just over one month, it has received an estimated £5,034,598 in royalties.

Omg: The American pop sensation, 33, who recently announced she will be releasing 1989 (Taylor’s Version), is set to increase her eye-watering earnings even furtherEa

Surprise! Taylor  announced her next re-release album will be her hit 2014 album 1989, unveiling the album cover on Instagram

Initially released in 2010, the album was released last month and has received 799,142,464 streams since its release.

Last week, Taylor, who is currently on her Eras world tour, announced her next re-release album will be her hit 2014 record 1989.

The superstar broke the news at her Los Angeles gig on Thursday, revealing that the re-record will arrive in October and feature five new tracks.

Unveiling the album cover on her Instagram page after the show, Taylor gushed that it is ‘my most FAVORITE re-record I’ve ever done because the 5 From The Vault tracks are so insane. I can’t believe they were ever left behind.’

The 2014 album, which originally featured 13 songs on the standard version and 16 songs on the deluxe edition, includes her hit singles Shake It Off and Blank Space among others.

Coming soon: The superstar broke the news at her Los Angeles gig on Thursday night, revealing that the re-record will arrive in October and feature five new tracks

Taylor’s news was met with huge excitement inside the SoFi stadium in California as she teased:

‘So here we are on the last night of the US leg of the Eras tour on the eighth month of the year, on the ninth day,’ before telling the crowd she had been ‘planning this for a long time.’

Writing on Instagram, Taylor gushed: ‘Surprise!! 1989 Taylor’s Version is on its way to you. The 1989 album changed my life in countless ways, and it fills me with such excitement to announce that my version of it will be out October 27th.

The Taylor’s Version of 1989 has been rumoured by fans for weeks, with the star dropping Easter Eggs for Swifties during her current world tour.

Ahead of her LA run of gigs, SoFi stadium posted four telling photos with clues pointing to the 1989 album.

Taylor has been remaking her earlier albums after a dispute with her old label Big Machine Records.

Back in 2019 Taylor took to her Tumblr to reveal ‘bully’ Scooter Braun – who is the manager of Justin Bieber, Ariana Grande and many more – acquired the label she was previously at – Big Machine Records.

Taylor Swift announces the release of new album at live concert

Excitement: Taylor’s news was met with huge excitement inside the SoFi stadium as she teased: ‘So here we are on the eighth month of the year, on the ninth day’

His company Ithaca Holdings LLC bought Big Machine Label Group for a reported $300 million.

The deal included the master recordings of all six of her albums – all of her previous music and her legacy.

On her Tumblr post, Taylor slammed Scooter as well as Big Machine Label Group CEO Scott Borchetta and revealed she was not offered the opportunity to buy her own masters and that the former bullied her for years.

Meanwhile it has been rumoured that the busy star is also currently shooting a documentary after fans spotted a professional film crew at her LA gigs.

Clues: The Taylor’s Version of 1989 has been rumoured by fans for weeks , with the star dropping Easter Eggs for Swifties during her current world tour

Per TMZ, film crews have been actively trailing the music artist and catching her best angles as she performs to sold out crowds, as well as capturing behind-the-scenes moments.

While many high-profile entertainers move about with filmmakers in tow, Taylor’s extensive personnel suggests she could be planning something significant.

Swift previously released the Netflix documentary Miss Americana in 2020.

Taylor has packed her Eras shows with an eye-popping 45 tracks, as well as a selection of surprise songs, with fans eagerly waiting to see which tracks would make an unlikely appearance each night.