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Future sells publishing catalog in multi-million dollar deal

Hip-hop megastar Future has announced the sale of its publishing catalog to Influence Media Partners in a multi-million dollar deal, Variety reports. A source close to the situation revealed the deal was in the “eight figures”.

The purchase includes 612 songs by the Grammy Award-winning rapper spanning the period 2004-2020. Classic songs such as “Life Is Good” and “Jumpman” with Drake, “King’s Dead” with Kendrick Lamar, “Selfish” with Rihanna, “Low Life” with The Weeknd and his own solo hits like “Mask Off” are among sales.

In a statement, Future spoke about reaching a deal with Influence Media Partners and his legacy as a musician.

“I put everything into my music and wanted to make sure they were in safe hands as I considered the next chapter for these songs. I’m proud to partner with Rene and the team at Influence Media and to send a signal that this music has timeless value. My music is my art, and these songs represent some of the most treasured works of art of my career.

“The future is a cultural icon. He continues to be a role model of impact and success in the music industry and has reinvented music in ways no one expected,” said Rene McLean, Influence Media Partner and Advisor. founder. “It’s rare to find someone who moves music and culture at the same speed with his distinct vocal and melodic style. His prolific career and continued popularity for over 15 years in the game is testament to his undeniable influence on the contemporary musical and cultural landscape, and we are honored to be partners with it.

Lynn Hazan, Influence Media Co-Managing Partner added, “We view Future as an artist of the ages. It resonates across a range of demographics. We are so excited about this partnership, it is a fitting addition to our growing roster of top talent and furthers our forward-thinking mission. During my tenure at Epic Records, I was able to work with and support Future throughout his pivotal career. Now at Influence, it is destiny to be able to collaborate with him again alongside my dynamic partners to protect his legacy and his works.

During his prolific career, Future recorded eight albums that reached No. 1 on Billboard’s Hot 200 and released dozens of hit singles.

In 2021, he earned his first number one Hot 100 single after a record 125 guest appearances alongside Young Thug on Drake’s “Way 2 Sexy.”

Future joins a growing list of black artists who have sold all or most of their publishing catalogs to investors. Recently, Chuck D, Tina Turner, Irv Gotti and Smokey Robinson are among the artists who have signed lucrative deals for the rights to their music catalogs.