Drake Signs ‘LeBron-Sized’ Deal with Universal Music Group

todayMay 3, 2022

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Drake is in a league of his own.

The rap superstar has signed what’s being called a “LeBron-sized” deal with Universal Music Group. According to Variety, the expansive, multi-faceted partnership includes recordings, publishing, merchandise, and visual media projects.

The announcement was made during Universal CEO Sir Lucian Grainge’s Q1 earnings call on Tuesday. The exact terms of the deal were not disclosed, but Variety claims that it could be worth north of $400 million.

Drake remains one of UMG’s most bankable stars. His music reportedly brings in $50 million annually for the company. Since 2014, he has moved over 37 million album units and he is the first artist ever to surpass 50 billion combined streams on Spotify.

After Drake released Scorpion in 2018, he reportedly became a free agent, but UMG was able to renegotiate a new deal with its most successful artist.

“Drake benefits from a deep catalog that performs well,” said one industry source. “Also he became a free agent at a young age.”

Drake’s fellow Canadian The Weeknd recently extended his deal with UMG’s Republic Records. The long-term partnership includes global merchandising and branding, as well as future projects and releases.

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Written by: tazz

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Ashley Tisdale shares ‘iconic’ looks she would’ve worn to Met Gala 2022


Ashley Tisdale shares ‘iconic’ looks she would’ve worn to Met Gala 2022

May 3, 2022 | 3:45pm Nothing screams “gilded glamour” like a feather boa.Getty Images What a “Fabulous” fashion flashback. While Ashley Tisdale didn’t manage to snag an invite to the 2022 Met Gala on Monday, that didn’t stop her from sharing her red carpet outfit ideas. “If I ever get invited to the #MetGala I would replicate one of my past iconic looks,” the “High School Musical Star” tweeted a […]

todayMay 3, 2022