LOS ANGELES, CA – FEBRUARY 10: Eve attends the 61st Annual GRAMMY Awards at Staples Center on … [+] February 10, 2019 in Los Angeles, California. (Photo by Rich Fury/Getty Images for The Recording Academy)Getty Images for The Recording Academy
It was once believed that rap and hip-hop would be a passing fad, yet those genres along with R&B have dominated the last decade of music, with people betting big on the future worth of nostalgia listening. Now hip-hop icon Eve is parting ways with her music catalog for an eight-figure deal, in the ballpark between $25 million and $50 million, according to Music Business Worldwide. As the value of music catalogs soars, artists like Eve are weighing the pros and cons of parting with their intellectual property, a decision that can have lasting impacts on their careers and legacies.
The Breakdown You Need To Know:
Iconoclast, a music management company, acquired the publishing rights to the Grammy-winning rapper and actress’s entire…
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