Iggy Azalea Sold Her Music Catalog For ‘An Eight-Figure Sum’


Rapper Iggy Azalea joins the lengthy listing of recording artists to promote her music catalog to a personal firm. The musician rapidly rose to prominence in 2014 with No. 1 single “Fancy” that includes Charli XCX. Nevertheless, after discovering herself in controversy and becoming a mother, late final yr introduced plans to retire.

The Australian native is canceling her retirement and is now on the lookout for a recent new begin in her music profession. The primary a part of her plan was the promote her grasp recordings and publishing catalog to personal Atlanta-based funding agency Area Capital for an unspecified quantity, however one which’s reported to be within the eight-figure vary.

According to Billboard, the desire embody 100% of present catalog, together with songs “Fancy,” “Black Widow” that includes Rita Ora, and her slice of “Drawback” by Ariana Grande. The second a part of her resurgence plan is to construct out her report label, Dangerous Dream, the place she is going to function the face whereas retain full possession of her masters. Publishing will likely be cut up with Sony Music resulting from their present administration deal.

The rapper took to Twitter to clap again at a consumer that beforehand stating that her “catalog was nugatory” with two emojis.

Charli XCX is a Warner Music artist. Uproxx is an unbiased subsidiary of Warner Music Group.

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