Celebrity producer DJ Khaled is launching two joint ventures by way of music firm Affect Media Companions, the corporate introduced Tuesday morning. Via the deal, Affect additionally mentioned that it’s invested in Khaled’s music catalog, although the corporate didn’t specify the monetary particulars of that funding.
Affect mentioned that the corporate shall be working with Khaled to develop movie and television initiatives, in addition to increasing industrial alternatives with Khaled’s identify, picture and likeness rights.
“I’m proud that my legacy will proceed to resonate and join with audiences around the globe with this partnership by way of Affect Media,” Khaled mentioned in a press release. “These iconic recordings I’ve created will proceed to be curated in probably the most optimum method to affect tradition with practically 20 years of music. “As well as, I’m excited for the world to see and expertise the movie and tv initiatives Affect and We The Greatest are growing and producing collectively. This subsequent part of my profession shall be crammed with ground-breaking cultural affect, and I stay up for being on the forefront in all classes.”
Affect Media is backed by BlackRock and Warner Music Group. Based in 2019, the corporate has been lively within the catalog acquisition area, shopping for up rights from acts like Future, Blake Shelton and Enrique Iglesias. In a press release, Lylette Pizarro, Affect’s founder and co-managing associate referred to as the brand new partnership “an alliance that may create boundless alternatives for this artistic genius.”
“Affect Media was based on the precept that music can transfer tradition, and few entertainers embody this greater than DJ Khaled,” Pizarro mentioned. “His monumental creativity, coronary heart, and drive are matched solely by his savvy enterprise instincts, and that’s the reason the chances of what we will construct collectively on this collaboration are immeasurable.”
DJ Khaled is likely one of the greatest producers within the trade, with a catalog that features main hits together with “I’m The One,” “All I Do Is Win,” and “Wild Ideas” amongst others. The brand new partnership comes two months after Khaled introduced his upcoming 14th album Aalam of God, anticipated for launch someday in 2025. He introduced the album in a seven-minute trailer, teasing that Drake shall be featured on the undertaking.
“DJ Khaled has had so many iconic eras in his profession so far, and we couldn’t be extra excited to construct ‘one other one’ by way of this first-of-its-kind partnership,” mentioned Rene McLean, Affect Media Companion and CEO of SLANG, Affect’s report label and music publishing firm. “A lot in the identical method that every one the highest artists contemplate a DJ Khaled collab a significant profession milestone, we consider this as an enormous step ahead for SLANG.”
