Logic has become the latest mainstream musician to their his music catalog.
It has been announced today that the rapper has sold the rights to his catalog to Influence Media Partners for eight figures. The exact amount has not been revealed but it contains all 185 titles including chart-topping tracks ‘1-800-273-8255’ ft. Alessia Cara and Khalid and ‘EVERYDAY” with Marshmello as well as other popular songs like ‘HOMICIDE’ ft. Eminem, and ‘6 SUCKER FOR PAIN’ with Lil Wayne, Wiz Khalifa, Imagine Dragons, and more.
last year, Influence Media acquired hundreds of titles by Future from 2004 to 2020.
“Making music has always been a creative outlet and a form of therapy for me, and I’ve been humbled by how deeply it has connected with people around the world,” said Logic. “It’s important to me that the positive messages of my music continue to reach new audiences, and I’m excited to partner with Rene and the Influence Media Partners team to make a further impact through creativity.”
“Logic is a changemaker with an independent mindset and entrepreneurial spirit. He’s proven himself to be a multifaceted artist who never confines himself to one box,” said Rene McLean, Influence Media Partner and Founding Advisor. “Logic has made a tangible impact not only on the music charts, but on culture, and his commitment to destigmatizing and raising awareness around mental health issues is admirable. Influence Media is proud to partner with Logic to ensure his powerful body of work is heard for generations to come.”
In 2022, Influence Media announced a $750 million fund platform backed by BlackRock, Inc. and Warner Music Group to invest in high-value compositions from artists with global reach, growth potential and streaming success. They have invested in over 25 music catalogs from artists such as country superstar Blake Shelton, producing team The Stereotypes, Puerto Rican songwriter-producer Tainy, singer-songwriter Jessie Reyez, singer-songwriter Julia Michaels, and more.
The post Logic Sells Entire Music Catalog to Influence Media Partners first appeared on HipHop-N-More.
source https://hiphop-n-more.com/2023/07/logic-sells-entire-music-catalog-to-influence-media-partners/
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