The details of Wiz Khalifa’s deal are yet unknown, but he has joined the ranks of other hip-hop celebrities who have sold off portions of their albums recently.
In a deal that was finalized on Thursday, July 6, the Pittsburg rapper and the worldwide investment group HarbourView Equity Partners acquired some of his music and publishing rights. His extensive discography includes a plethora of albums, mixtapes, and singles, all of which are covered by the agreement.
“[Founder and CEO] Sherrese [Clarke Soares] and HarbourView truly understand the value of music and artistry,” added Wiz in a press release regarding the agreement. We are thrilled to be a part of their team as they work to establish a progressive media firm that shares our principles and ambitions here at Taylor Gang.
Songs like “The Thrill,” “Black & Yellow,” and “See You Again”—both of which were nominated for Grammy Awards—are part of the deal.
Not long ago, Nelly was one among the artists whose catalogs were sold to HarbourView. Earlier this week, the St. Louis hitmaker sold half of his catalog and landed a massive $50 million deal. All all, there are eight albums worth of chart-topping singles, many of which were instrumental in propelling Hip Hop and R&B into the modern day.
A number of his most popular songs, including “Hot In Herre” and “Dilemma,” were turned over by him as part of the deal. The two tracks described above were both honored with Grammys. Also, Nelly received the prestigious award for “Shake Ya Tailfeather,” albeit it is still not clear if that was part of the deal or not.Future made an eight-figure sum last year after selling a large portion of his song publishing portfolio to Influence Media Partners, a US-based music and rights organization. The catalog included songs published between 2004 and 2020. Included in the transaction were 612 tracks by the rapper from the South.
Influence Media Partners paid Logic an unknown amount in the eight figures for a chunk of Logic’s catalog. The 185 songs by the Maryland rapper are part of the collaboration, which was unveiled last month.After selling some of his publishing portfolio to Shamrock Capital in March, Metro Boomin became $70 million richer.