Logic sells catalog to Influence Media Partners in eight-figure deal
It’s been a busy week for music copyright agreementand today (June 29), Influence Media Partners announced its own latest acquisition.
The company said it has acquired the Grammy-nominated rapper and producer Logic’s publishing portfolio of 185 titles in an eight-figure deal.
According to Influence, the deal includes tracks including a multi-platinum single 1-800-273-8255 with Alessia Cara and Khalid, DAILY with Marshmello, MURDER ft. Eminem, and 6 SAVING PAIN with Lil Wayne, Wiz Khalifa, Imagine Dragons, Logic & Ty Dolla $ign ft. X Ambassadors.
Influence Media Partners is a US-based music and rights company founded in 2019 and led by Lylette Pizarro, Lynn Hazan, Rene McLean and Jon Jashni.
At the beginning of 2022, it announced a fund 750 million USD to invest in what it calls “high value works from diverse artists” with support from BlackRock Alternative Investors and Warner Music Corporation.
Influence Media says it has invested in more than 25 music catalogs by Grammy Award-winning and Grammy-nominated artists, including platinum recording artists. Futurecountry superstar Blake sheltonThe Stereotypes production team, Puerto Rican songwriter and producer Tainy, singer-songwriter Jessie Reyez, singer-songwriter Julia Michaels, Tyler Johnson and more.
The company says that the Logic deal “further strengthens Influence Media’s investment in the future of hip-hop in the content rights and music publishing markets.”
In 2022, Influence Media said it had won “hundreds of titles” by the Grammy-winning rapper Future between 2004 and 2020.
The company added in a press release released on Thursday (June 29), that “in line with its mission to promote ‘modern evergreen’ music, Influence Media will continue to expand the impact of Logic’s contribution to popular culture”.
News of the acquisition comes shortly after the release of Logic’s eighth studio album university park and announced his American tour Logic: The College Park Tour with Special Guest Juicy J.
College Park marks Logic’s first independent release after his 10-year contract with Def Jam Records, where he released his 2017 album. Everybody and multi-platinum track 1-800-273-8255 there’s Khalid and Alessia Cara.
The hit single received two Grammy Award nominations and propelled Logic forward as a mental health advocate.
Since then, Logic has had more than 20 songs on billboards Hot 100 and has collaborated with legendary artists like Eminem, RZA, Pusha T and Childish Gambino.
“For me, it’s important that the positive messages in my music continue to reach new audiences and I’m excited to be working with Rene and the Influencer Media Partners team to make an impact. more through creativity.”
Reasonable
Logic says: “Making music has always been a creative outlet and a form of therapy for me, and I am humbled by how deeply it has connected with people around the world.
“For me, it’s important that the positive messages in my music continue to reach new audiences and I’m excited to be working with Rene and the Influencer Media Partners team to make an impact. more through creativity.”
“Logic is a change maker with independent thinking and entrepreneurship. He has proven himself to be a multifaceted artist, never confining himself to a framework.”
Rene McLean, Influencer Communications
“Logic is a change maker with independent thinking and entrepreneurship. He has proven himself to be a multifaceted artist who is never confined to one framework,” said Rene McLean, Influencer Media Partner and Founding Advisor.
“Logic has made a tangible impact not only on the music charts but on culture, and his commitment to defining and raising awareness of mental health issues is remarkable. admire.
“Influence Media is proud to partner with Logic to ensure his powerful work is heard by generations to come.”Global Music Business