Swift was at an industry showcase at Nashville's Bluebird Cafe in 2005 when she caught the attention of Scott Borchetta, a DreamWorks Records executive who was preparing to form his own independent record label, Big Machine Records. She had met Borchetta in 2004. She became one of the first signings, and her father purchased a three percent stake in the fledgling company at an estimated cost of $120,000. The singer began working on her eponymous debut album shortly after signing the record deal. She persuaded Big Machine to hire her demo producer Nathan Chapman, with whom she felt she had the right "chemistry". Swift wrote three of the album's songs alone, and co-wrote the remaining eight with writers Rose, Robert Ellis Orrall, Brian Maher, and Angelo Petraglia. Taylor Swift was released on October 24, 2006. Jon Caramanica of The New York Times described it as "a small masterpiece of pop-minded country, both wide-eyed and cynical, held together by Ms. Swift's firm, pleading voice". Taylor Swift peaked at number five on the Billboard 200 and spent 157 weeks on the chart, marking the longest stay by any release in the 2000s. As of August 2016 the album has sold over 7. 75 million copies worldwide.