Juice WRLD‘s music catalog was reportedly sold by the late rapper’s estate in a nine-figure deal quietly negotiated in the early months of 2022.
According to Billboard, independent record label and music publisher Opus Music Group now owns 90% of the late Chicago rapper’s publishing and the rights to 90% of the income derived from his master recordings.
The deal included not only the massive output of Juice WRLD music that has already been released to fans, such as two albums in life; two posthumous albums; a collaborative mixtape project with Future; a solo mixtape and nine EPs, but also hundreds of unreleased songs.
The rapper’s label partners, Interscope Records and Lil Bibby‘s Grade A Productions, retained ownership of Juice WRLD’s masters.
https://www.youtube.com/watch?v=xfIRpJvXyF8
Over the past few months, a number of Hip Hop artists have negotiated similar deals including Future and Iggy Azalea, who both acquired eight-figure deals in exchange for ownership of their publishing rights in 2022.
What stands out about the Juice WRLD deal, in addition to the secrecy under which it was executed, is that the company which acquired his catalog seems to be fairly new in this space.
In addition to the late rapper, Opus Music Group only represents two other artists: Columbian Reggaeton star and actor Maluma; and Puerto Rican newcomer Rauw Alejandro, according to its website.
While the company would not comment on the acquisition directly, it told Billboard in a statement: “To represent the body of work of Juice Wrld – whose cultural significance and generational influence can’t be overstated – is an honor and a responsibility.”
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