Iggy Azaela just made a boss move.
The Australian rapper reportedly made an eight-figure deal selling her master recordings and publishing catalog. Complex reports the deal is worth eight figures. According to the report, Iggy said the amount “means I don’t have to work another day in my life.”
Billboard published a report from a source saying, “Iggy’s agreement with Domain Capital Group included all of the artist’s shares in her current catalog. Additionally, the report added, a ‘trigger’ for future earnings on masters was also part of the deal.” The exact amount hasn’t been disclosed.
The deal includes songs like her No. 1 hit “Fancy” ft Charli XCX, “Black Widow” ft. Rita Ora, “Problem” ft. Ariana Grande, and more. Iggy can also earn Future revenue on master recordings according to the report.
Iggy’s Bad Dreams label used to be distributed by Empire but is now closing a new deal. She has an administration deal with Sony. However, Iggy owns 100% of the label and will fully own her masters and publishing on all new music in 2023.
Aside from raising her son with Playboi Carti, Onyx, as a single mother, she’s also working on new music. A few months ago Iggy told fans she’s not retiring after saying she was.