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Wow! Metro Boomin Sells Portion of Publishing Catalog to Shamrock Capital For Close to $70 Million
Metro Boomin (real name Leland Tyler Wayne) recently sold a portion of his publishing catalog to Shamrock Capital for nearly $70 million, marking one of many recent high-ticket hip-hop catalog sales.
Metro Boomin's second full-length album, Heroes & Villains, debuted at number one on the Billboard 200 in December 2022 and featured an impressive list of guest artists such as Future, Travis Scott, 21 Savage, A$AP Rocky, Gunna, Chris Brown and Young Thug.
Billboard reports that Metro Boomin has sold a portion of his publishing catalog to Shamrock Capital for close to $70 million, marking the latest music industry deal for the investment firm which also acquired Dr. Dre's assets and Taylor Swift's Big Machine catalog, among others.
Metro has earned 99 total entries on the Hot 100 as a producer, including two No. 1s and 10 Top 10s. He also boasts 46 total entries as an artist - making him one of hip-hop's most prolific creators.
Metro has achieved stardom with chart-topping hits like "Bad and Boujee," Future's "Mask Off," iLoveMakonnen's "Tuesday," Kanye West's "Father Stretch My Hands" and more. His impressive list of collaborators includes Travis Scott, 21, Gunna, Offset, Drake and Young Thug to name a few.
Metro's second full-length solo LP, Heroes & Villains, takes his signature sound beyond its comfort zone and creates an iconic blockbuster album that will last the test of time. He proves that his far-reaching vision hasn't altered since 2018's Not All Heroes Wear Capes; a record where his sparse yet atmospheric beats began to thicken and become more intricate.
He's wise enough to know when it's best to change up a track, add another layer for performers or completely scrap it altogether. This trait makes him an invaluable producer on Heroes & Villains; there are plenty of these moments throughout the series.
Morgan Freeman provided narration for this star-studded project, featuring verses from Young Thug, Chris Brown, John Legend, Travis Scott, A$AP Rocky and Don Toliver among others. Released last December, it became Metro's biggest debut of the year with 150,000 first-week units sold.
The Weeknd, professionally known as Abel Makkonen Tesfaye, is one of music's most successful artists. His dark lyricism and escapism-infused tunes explore themes such as romance and melancholy. Since 2012 he's been associated with Universal Music Group's Republic Records label family.
Billboard recently reported that Kanye West has recently sold a portion of his publishing catalog to Shamrock Capital for close to $70 million, adding to other artists who have sold their music rights in recent years such as Kanye West, Drake, The Weeknd and more.
This marks The Weeknd's third major music industry deal in 2022. He already has his own songwriting catalog from Kobalt Music Publishing and is signed to Universal Music Group.
He's collaborated with artists like Rihanna, Future and Post Malone on songs such as "Mask Off," which reached number one on Billboard charts in the past. Additionally, he released several music videos and a concert special which will premiere at SXSW Film 2023.
Universal Music Publishing Group and Bravado, The Weeknd's leading brand management and merchandise company, have extended their relationship to provide global merchandising and licensing opportunities around his future projects and releases.
This is a major accomplishment for The Weeknd, who has been working with Universal Music for years and enjoys an acclaimed music career. By joining UMG's top music company, The Weeknd will remain represented by the firm throughout his entire career.
Don Toliver is an acclaimed rapper and singer. At 16 years old, he began recording songs in a home studio to pursue his passion.
Don Toliver has an enthralling voice, capable of fitting any song. His flow is also unmistakably unique and he has the rare gift of creating songs that inspire and heal.
He has released multiple albums and tracks throughout his career, working with artists such as Wiz Khalifa, Dice Soho and Young Thug.
His music has been played on radio stations around the globe. Additionally, he has earned awards for his talent and creativity.
Metro Boomin is one of the most successful producers in music. He's produced hits for major artists like Migos, Drake, 21 Savage and Future; plus he featured in a Budweiser Super Bowl commercial and created the theme song for Spider-Man: Across The Spider-Verse film.
In October of 2018, Metro Boomin released his second album Heroes & Villains, the follow up to NOT ALL HEROES WEAR CAPES from 2018. For this project he recruited many prominent names in Hip-Hop such as Chris Brown, The Weeknd, Future, Don Toliver, Travis Scott, Young Thug and A$AP Rocky.
HEROES & VILLAINS is a 48 minute project that showcases the talents of this accomplished producer. It is expected to sell approximately 150,000 units in its initial week, likely leading to a number 1 Billboard debut.
Metro Boomin has released numerous projects since HEROES & VILLAINS, such as 'Dice Soho', 'Best You Had', 'Diva' and 'Holdin' Steel'. He has won multiple awards for his work and boasts an adoring fan base.
Metro Boomin (born Leland Tyler Wayne) has reportedly sold part of his publishing catalog to Shamrock Capital for around $70 million. Billboard reports that the hip-hop producer, songwriter and artist is one of many musicians selling their catalogs in order to generate additional income streams.
Metro's publishing catalog boasts a number of chart-topping hits, such as Migos' "Bad and Boujee," Future's "Mask Off," iLoveMakonnen's "Tuesday," Kanye West's "Father Stretch My Hands." He has also produced songs for Post Malone, The Weeknd and Drake.
He has earned several prestigious awards and recognitions, such as two Grammy nominations for his "Fuckin Problems" remix (featuring Drake, 2 Chainz and Kendrick Lamar). Additionally, A$AP Rocky released his 2013 debut album Long. Live. in 2013.
His most recent album, Heroes & Villains, was narrated by actor Morgan Freeman and featured a variety of notable guest stars like Future, Young Thug, Don Toliver, Travis Scott, 21 Savage, John Legend Chris Brown Young Nudy The Weeknd Mustafa and late Migos rapper Takeoff. Released in December it debuted at No. 1 on Billboard 200 with 185,000 album-equivalent units sold.
Shamrock continues to make significant investments in catalog sales, expanding its portfolio that already includes Taylor Swift's first six albums that it purchased from Scooter Braun's Ithaca Holdings in 2020. Recently, Shamrock raised a new fund to pursue acquisitions across film, television, music and other forms of content.
Chris Brown is renowned for his melodic voice and prowess as a dancer, earning him the title of "King of R&B."
Breezy hails from Tappahannock, Virginia and was raised with parents who loved music and instilled the passion for dancing within him.
He began his career with the release of his self-titled debut album, which quickly went on to become a Top Ten hit. To craft his sound, he collaborated with various songwriters and producers such as Scott Storch, Sean Garrett and Jermaine Dupri.
"Run It!" from the album became an international hit and spent several weeks at number one on Billboard Hot 100. Featuring a guest appearance by rapper Juelz Santana, it features some special guests.
The song was certified platinum by the Recording Industry Association of America in February 2019.
T-Pain's song "Kiss Kiss," another feature on the album, was another huge success - this time climbing to number five on Billboard Hot 100 and earning him a nomination for Best Rap/Sung Collaboration at the 50th Annual Grammy Awards.
Chris Brown has been a major force in music for decades and released numerous hits. With sales of over 197 million records worldwide, he ranks among the world's highest-selling artists.
He is widely regarded as one of the greatest artists in music industry history. His discography includes nine studio albums and over 200 singles.
In addition to his music career, Breezy has made a name for himself as an actor in numerous films. He's won multiple awards including 18 BET Awards and 14 Soul Train Music Awards. Additionally, Breezy is an entrepreneur; his company Breezy Brands engages in various business endeavors.