Lil Bibby on Juice WRLD's Catalog Being Sold in Nine-Figure Deal: "We Sold Nothing"

Update 02/07/2023 3:22pm:

Reports surfaced noting that the estate of Juice WRLD sold the rights and income streams of the late rapper to Opus Music Group in early 2022. The deal allegedly found the estate receiving nine figures in the deal. According to Billboard, Bibby, and Grade A Productions retained ownership of Juice WRLD’s masters. Now, the rapper has taken to social media to set the record straight. 

Via Twitter, Bibby simply said “We sold nothing…” News of this comes after Bibby announced that ‘The Party Never Ends’ will be Juice WRLD’s final album to be released. Stay tuned for more updates. 

Original 02/05/2023 2:59pm:

Recently, it was revealed that the estate of Juice WRLD sold rights and income streams to Opus Music Group in early 2022. The deal reportedly netted the estate nine figures, according to Billboard. 

The deal finds Opus Music Group getting 90 percent of the income from Juice WRLD’s master recordings and 90 percent of his publishing. Because of the deal, the label has access to two posthumous albums, his mixtape with Future, and hundreds of unreleased tracks from the late Chicago rapper. 

It was noted that Lil Bibby’s Grade A Productions and Interscope Records retained ownership of Juice WRLD’s masters. Opus Music Group didn’t give any insight into the terms of the deal but went on to say, “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.” Stay tuned for more updates.

source: Billboard