Juice WRLD’s catalog is generating significant revenue. The majority of the late rapper’s rights and income Streams were sold to Opus Music Group in a nine-figure deal, according to billboard, in early 2022.
The reported deal includes “Hundreds” of Unreleased Juice WRLD tracks and his complete released Music Catalog. His label partners grade a productions and Interscope Records will keep ownership of the master recordings.
Opus, financially supported by investment management firm Elliott Management, now owns 90% of Juice WRLD’s interest in master recording income and 90% of his share of publishing ownership. The company also represents Rauw Alejandro and Maluma.
“To represent the body of work of Juice WRLD—whose cultural significance and generational influence can’t be overstated—is an honor and a responsibility,” Opus Music Group said in a statement.
Juice WRLD boasts five top 5 albums on the Billboard 200, featuring two chart-topping releases: “Death Race for Love” and “Legends Never Die.” He also had nine top 10 hits on the Billboard hot 100, with “Lucid Dreams” being his biggest hit, reaching no. 2.
After his passing in 2019, his estate has put out posthumous projects, including “Legends Never Die” in 2020 and “Fighting Demons” in 2022, along with his newest single “Face 2 Face.”
Other musicians have recently sold their catalogs, including Future, Justin Timberlake, and Justin Bieber, who sold his music rights to Hipgnosis Songs Capital for a sum exceeding $200 million.
