Iggy Azalea Sells Publishing Catalog To Domain Capital In 8-Figure Deal
Iggy Azalea Sells Publishing Catalog To Domain Capital In 8-Figure Deal
Iggy Azalea is one of the latest artists to sell their music catalog.
According to reports, rapper/songwriter Iggy Azalea has sold her master recording and publishing catalog to Domain Capital for an eight-figure amount.
Allegedly, the deal includes 100% of Iggy Azalea’s share of her existing catalog, including No. 1 hit “Fancy” (featuring Charli XCX), “Black Widow” (featuring Rita Ora), and “Problem” (with Ariana Grande).
On top of that, the deal reportedly includes “an additional trigger” for the 32-year-old star to earn future revenue on master recordings. Reports claim the deal was brokered by her manager Reece Pearson and her attorney Peter Paterno. The Australia native’s discography includes “The New Classic,” “Surviving the Summer” (EP), “In My Defense,” and “The End of an Era.”
Reportedly, Iggy Azalea, born Amethyst Kelly, founded her own record label after previously releasing music under deals with Virgin EMI and Island Records. The label, entitled Bad Dreams Records, was formerly distributed by Empire but is now in the midst of closing a new distribution deal with a different firm.
The independent rapper owns 100% of her Bad Dreams label, and she will be able to fully own her masters and publishing on all forthcoming music, starting Q1 2023, according to reports. As far as publishing, she has an administration deal with Sony Music Publishing.
In regards to what’s next for Azalea’s music career, the model is reportedly living in Miami, working on her next album, and raising her son, Onyx, whom she welcomed in 2020 with rapper Playboi Carti. She plans to release a full project sometime next year.
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[VIA]