A majority stake in late rapper Juice WRLD‘s rights and earnings streams quietly bought to Opus Music Group in early 2022 in a nine-figure deal, based on a supply near the acquisition. Opus now owns 90% of Juice WRLD’s curiosity in grasp recording earnings and 90% of his share of publishing possession.
The prolific Chicago-born expertise’s deal consists of his “tons of” of unreleased tracks in addition to his full launched music catalog. Possession of his grasp recordings stays together with his label companions, Grade A Productions and Interscope Data.
Opus Music Group is financially backed by Elliott Administration, a New York-based funding administration firm with one of many largest activist funds on this planet. In keeping with Opus Music Group’s web site, the agency’s portfolio consists of works and recordings from a number of artists, producers and songwriters, together with Juice WRLD, Rauw Alejandro and Maluma.
Juice WRLD boasts 5 prime five-charting albums on the Billboard 200, encompassing everything of his charting releases. Two of these albums, Dying Race for Love and Legends By no means Die, completed at No. 1 on the tally. The late rapper has additionally charted 9 songs on the Billboard Sizzling 100. He’s earned 16.3 million equal album models in the US for his solo albums in addition to his collaborative set with Future, based on Luminate. He additionally has 26.2 billion on-demand official streams within the U.S. for his catalog of songs the place he’s billed as the first artist, together with these credited to Future & Juice WRLD from their collab set, based on Luminate.
Opus Music Group, which might not touch upon deal phrases, emailed the next assertion to Billboard: “To signify the physique of labor of Juice Wrld – whose cultural significance and generational affect can’t be overstated – is an honor and a accountability.”
A consultant for Juice WRLD declined to remark.
Born Jarad Anthony Higgins, Juice WRLD died in 2019 following a seizure when he was 21 years previous. He’s greatest recognized for his hit “Lucid Goals,” a melodic, emo-tinged rap monitor that introduced the Soundcloud Rap subgenre to mainstream airwaves in 2018 and reached No. 2 on Billboard‘s Sizzling 100 chart. The emotive, catchy monitor was the focus of his debut album, Goodbye and Good Riddance (2018), a file which additionally included “All Women Are the Identical,” his first track to realize critical traction, in addition to “Lean wit Me,” “Wasted” and “Armed and Harmful.” That very same 12 months, he launched the collaborative mixtape with Future referred to as Future & Juice WRLD Current…Wrld on Medication. One 12 months later, he launched his second album, Dying Race for Love, which featured the track “Theft” and reached No. 1 on the Billboard 200.
Juice WRLD was additionally recognized for that includes on different artists’ tracks, usually crossing conventional style traces within the course of. A few of his collaborators included Lil Uzi Vert, Benny Blanco, Trippie Redd, Ellie Goulding and BTS.
Posthumously, Juice WRLD has launched much more music, beginning with the 22-track file Legends By no means Die (2020) and Combating Demons (2022).
