Juice Wrld’s property has reportedly offered the late Chicago rapper’s music catalog and a whole bunch of unreleased songs.
Based on a Billboard report revealed on Saturday (Feb. 4), impartial document label and music writer Opus Music Group quietly acquired a majority stake in Juice Wrld’s rights and revenue streams for 9 figures in early 2022. Opus now owns 90 % of Juice’s curiosity in grasp recording revenue and 90 % of his share of publishing possession.
The deal additionally contains a whole bunch of unreleased songs and his totally launched music catalog. Juice’s label, Grade A Productions, and its distribution accomplice, Interscope Information, will nonetheless personal the grasp recordings.
Together with Juice Wrld, Opus Music Group’s shoppers record additionally contains works and recordings from Latin music superstars Rauw Alejandro and Maluma. The corporate is financially backed by Elliott Administration, a New York-based funding administration agency with one of many largest activist funds on the planet, in response to Billboard.
Juice Wrld has a profitable music catalog that features 5 studio albums, two of which had been launched after his dying: Legends By no means Die in July 2020, and Combating Demons in December 2021.
The acquisition comes as Lil Bibby, CEO and founding father of Grade A Productions, introduced on his Instagram account at this time (Feb. 4) that he is engaged on the ultimate posthumous album for Juice Wrld. In a submit, the music government shared a video of the “Lucid Desires” rapper dancing within the studio.
“The Final Juice WRLD Album is within the works… We would like this album to really feel like a Celebration/Celebration! Let’s have fun the lifetime of Juice [prayer hands emoji, red ballon emoji, white dove emoji],” he wrote within the caption. “No extra mourning, I need everybody that Juice cherished whereas he was right here to assist have fun, particularly his followers who he cherished.”
Bibby concluded: “You guys have been one of the best followers an artist can have (Minus the dying threats to Bibby) [tears of joy emoji, prayer hands emoji and red heart emoji]. I’m not gonna complain however i am going to jus say this isn’t straightforward. We miss you, We love you 999 til the world ends [juice box emoji and world emoji].”
XXL has reached out to Juice Wrld’s label for remark.
