UPDATED 7/19/16 11:45AM: According to a report from E! News, Kim Kardashian thinks that Taylor Swift's Instagram response was "so stupid." "She says the word 'bitch' bothered her but on the Grammys stage she never mentioned that. She said, 'Don't ever let anyone say they made you famous,'" a source told the news site. The source also said Kim decided to release it in the first place because she thinks "Kanye went above and beyond by checking with Taylor and that Taylor totally lied about their conversation."

UPDATED 7/18/16 12:27AM: Taylor Swift has responded to the video of her phone call with Kanye West. "Where is the video of Kanye telling me he was going to call me 'that bitch' in his song," she wrote. "It doesn't exist because it never happened."

"I wanted us to have a friendly relationship," Taylor continued. "He promised to play the song for me, but he never did."

She went on to say, "Being falsely painted as a liar when I was never given the full story or played any part of the song is character assassination."

You can read her full statement below.

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See below for the original story published on 7/17/16.

The ongoing drama between Kim Kardashian and Taylor Swift, which stems from Taylor denying that she approved Kanye West's "Famous" lyrics about her, came full circle on Sunday night when Kim posted audio of the call on Snapchat. If you remember, Kim opened up about Taylor in her GQ cover back in June, and went on the record to say that Swift did indeed lie about not approving the lyrics, but gave no indication that the audio would ever come out.

Well, Kim went into full savage mode tonight and decided to share the video on her Snapchat, which was quickly ripped and posted on Twitter. Interestingly enough, Kim tweeted about it being "National Snake Day" earlier on Sunday, which gave fans the impression that something big could be coming after this week's episode of Keeping Up With the Kardashians​, where she also talked about the Taylor phone call.

In the video, which all of the parts of can be found below, Kanye and Taylor can be heard talking, with Taylor saying, "I really appreciate it." During another part of the conversation Taylor told Kanye that she never thought he would think to ask her to approve a line on his song, but that she appreciated the gesture. Taylor also called the line a compliment, but TMZ notes that sources told them Kanye never made it known that he called her "bitch" on the song. Of course, Kanye later featured Taylor in the video for "Famous," along with a number of other celebrities that he's had encounters with over the years.

"You gotta tell the story the way that it happened to you and the way you experienced it," Taylor said during the call. "Like you obviously didn't know who I was before that." As of right now, it's unclear how Taylor will respond to the audio of the call being leaked, especially after her reps strongly denied that she gave approval back in February when the song first dropped. "I'm really glad you had the respect to call me that and tell me that as a friend about the song," she added. In case you forgot, Taylor also took some subliminal shots at Kanye during her Grammys speech earlier this year when talking about people taking credit for her success.

Hilariously enough, the least surprising part of the video is super-producer Rick Rubin napping on the couch in the studio as Kanye and Taylor talked about the song. This is sure to cause one hell of a shit storm in the coming days, and we'll continue to update the story as more reactions come in. You can hear the whole conversation above. You can also read the full transcript of the conversation below via The Fader.

Kanye West: OK, dope. You still got the Nashville number?

Taylor Swift: I still have the nashville area code but i had to change it…

Kanye: For all my south side n****s that know me best, feel like me and Taylor might still have sex.

Taylor: I'm like this close to overexposure.

Kanye: Oh well this one is, uh — I think this is a really cool thing to have

Taylor: I know! I mean it's like a compliment kind of.

Kanye: What I give a fuck about is just you as a person, and as a friend.

Taylor: That's sweet.

Kanye: I want things that make you feel good. I don't wanna do rap that makes people feel bad.

Taylor: Um, ya. I mean, go with whatever line you think is better. It's obviously very tongue in cheek either way. And I really appreciate you telling me about it, that's really nice!

Kanye: Yea. I just felt I had a responsibility to you as a friend. I mean, thanks for being so cool about it.

Taylor: Aw, thanks! Yeah I really appreciate it. Like, the heads up is so nice!

Taylor: …things without like even asking or seeing if I'd be OK with it. And I just really appreciate it. I never would've expect you to tell me about a line in your song.

Taylor: And then the flowers that you sent me, I Instagrammed a picture of them and it's the most Instagram likes I've ever gotten. It was like 2.7...

Kanye: Relationships are more important than punchlines, you know.

Taylor: Yeah. I mean, I don't think anybody would listen to that and be like, Oh, that's a real diss. Like, she must be crying about…

Taylor: You gotta tell the story the way that it happened to you and the way you experienced it. Like you obviously didn't know who I was before that.

Taylor: It doesn't matter if I sold 7 million of that album before you did that, which is what happened. You didn't know who I was before that.

Taylor: … that I can make these things happen and I have the ideas to do it and I create these things and concepts. And, like, I'm always gonna respect you.

Taylor: And I'm really glad you had the respect to call me that and tell me that as a friend, about the song. It's just a really cool thing to do, and a really good show of friendship. So thank you.

Kanye: Thank you too.

Taylor: And you know, if people ask me about it, I think it would be great for me to be like, Look, he called me and told me about the line before it came out. Like, joke's on you guys, we're fine.

Taylor: You guys wanna call this a feud, you wanna call this throwing shade. But right after the song comes out I'm gonna be on a Grammy red carpet and they're gonna ask me about it and I'm gonna be like, he called me.

Taylor: …awesome that you're so outspoken and it's gonna be like, Yea, she does, it made her famous! It's more provocative to say, Might still have sex.

Taylor: …it's not. It doesn't matter to me. there's not one that hurts my feelings and one that doesn't.