Celebrities React to Taylor Swift's Emotional Announcement originally appeared on Athlon Sports. Taylor Swift was the talk of the entertainment world on Friday after she announced her purchase of the original recordings of her first six albums: "Taylor Swift," "Speak Now," "Fearless," "Red," "1989" and "Reputation."

Reports of Taylor Swift paying $1 billion to buy back her own masters is "highly inaccurate," a source tells PEOPLE. The singer revealed on Friday May 30 that she regained control of her masters after six years.

Kansas City Chiefs tight end Travis Kelce shouted out Taylor Swift for purchasing the rights to the master recordings of her first six albums.