Taylor Swift Playboy cover
Playboy may be looking to get recording artist Taylor Swift to pose in its non-nude magazine cover, a report said Thursday. In this photo, Swift attends the 2015 MTV Video Music Awards at Microsoft Theater on Aug. 30, 2015, in Los Angeles, California. Getty Images/Frazer Harrison

As the Playboy magazine looks to cover up as part of its rebranding, it may get “Bad Blood” singer Taylor Swift to pose for its cover, Hollywood Life reported Thursday, citing a source. The magazine reportedly believes that “having such a powerful woman” would help it in its latest effort to not carry any nude photos.

“Playboy wants to make a splash on their first non nude cover and they would love to have Taylor Swift on the cover and pair that with an amazing interview inside. The Playboy brand knows having such a powerful woman on their cover will really show the new look that they are going for as they rebrand,” the source told Hollywood Life.

Founded in 1953, Playboy’s first issue had featured Marilyn Monroe on its cover. The magazine's circulation has fallen to 800,000 now from 5.6 million in 1975, according to Alliance for Audited Media. The falling sales led Playboy’s founder and editor-in-chief Hugh Hefner to de-list the company in 2011 at a valuation of $207 million. The company also shuttered its Australian counterpart in 2000 -- which it began in 1979 -- after circulation dropped to 25,000 copies from 200,000 in the initial year.

Swift won the award for best female video for "Blank Space" at the 2015 MTV Video Music Awards on Aug. 30. The “Shake It Off” singer is also the most nominated artist for this year’s American Music Awards with six nominations, including artist of the year, favorite female artist for both pop/rock and adult contemporary categories.

Last week, the Metropolitan Museum of Art announced that Swift will also be hosting the 2016 Met Gala, along with co-chairs Idris Elba, Jonathan Ive and Anna Wintour.

Swift, who is also reportedly dating Calvin Harris, quashed marriage rumors about the two last month.