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Drake Signs Expansive Deal With Universal Music Group That Could Be Worth Around $400 Million USD
22 days ago - By Hypebeast
Drake has signed a new deal with Universal Music Group covering "multiple creative lanes and revenue streams." Universal Music Group chairman and CEO Lucian Grainge confirmed the news during the label's Q1 earnings call, stating that The Boy's wide-ranging deal includes recordings, publishing, merchandise and visual media projects. Labelled by the music executive as "expanded portfolios," Variety reports that an insider called the deal "LeBron-sized" and could be priced at around or higher than $360 million USD after Drizzy hinted at the signing with the bar “Three-sixty upfront, it all...
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