@wlf_warren Love that read.
There were similar cases here in the Philippines, but not that grand/many as Taylor Swift's. As long as they original composer and/or lyricist holds the most important Copyright, they can re-record it to their liking, even block the first version.
And, yes, if this becomes common, record labels are going to demand decades of "no re-recording" clauses. They hate it. Copyright was invented for the capitalists, not for artists/authors/developers. 😉
Look at Shakespeare. Copyright at the time was still in its early form, and thus weak and had many loopholes. Many of his famous works were derivatives, and he did better than the originals. 🤣 But today, derivatives are generally hated, that's Copyright Infringement. Some authors can't even write a sequel for their own work if the publisher they gave some Rights to it says "no". But authors don't say anything because they need their Publisher's machinery and network.