Okay! Looks like Future just landed a big check after he sold his publishing catalog to Influence Media Partners, the company announced in a press release Tuesday afternoon. According to Billboard, the deal was finalized in the “high eight figures.”
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“I put everything into my music, and I wanted to make sure these were in good hands as I thought about the next chapter of these songs,” Future is quoted saying in the release.
“I’m proud to partner up with Rene [McLean, a founding advisor at the company] and the team at Influence Media and send a signal that this music has timeless value. My music is my art, and these songs represent some of the most precious artwork of my career.”
“We consider Future an artist of the ages. He resonates across a spectrum of demographics. We’re so excited about this partnership, it’s a fitting addition to our growing repertoire of top-tier talent and promotes 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 feels like fate to be able to collaborate with him again alongside my dynamic partners to protect his legacy and works,” said Influence Media Co-Managing Partner, Lynn Hazan.
Future is the latest artist to sell his song catalog following Justin Timberlake, John Legend, and Timbaland. Billboard reports that Kanye West has been exploring the sale of his catalog for a reported $175 million. However, Ye claims that the music is being shopped around without his knowledge.