Over the weekend, it was reported that Lil Wayne sold his master recordings to Universal Music Group for over $100 million.
According to new reports, not only did he sell his own masters — but also those belonging to the entire Young Money roster.
The report states that the nine-figure deal was made in June 2020. While this clears up some details, it muddies others. For instance, it’s unclear which of Drake‘s albums were included in this deal, as most of his projects until 2018’s Scorpion were released under Young Money Records. Everything since then has been specified under October’s Very Own.
As for Nicki Minaj, even her most recent album Queen was released under Young Money. Almost all of her major releases have come via the record label’s imprint. Thus, it would appear as though Universal Music Group now owns the masters for all of Drake’s pre-2018 recordings, as well as the grand majority of Nicki Minaj’s discography, possibly even including future releases.
UMG got a steal.