Future has sold his song publishing catalog, including several No. 1s spanning his first 16 years as a recording artist, to Influence Media Partners.
added, “We consider Future an artist of the ages. He resonates across a spectrum of demographics. We’re so excited about this partnership, it’s a fitting addition to our growing repertoire of top-tier talent and promotes our forward-thinking mission.
Since launching in 2019, Influence Media Partners have amassed what appears to be at least $1 billion in funding including debt financing from institutional investors like the Municipal Employees’ Retirement System of Michigan; and the $750 million partnership with BlackRock and WMG that was announced in February 2022.
Along the way, the company says it has acquired song publishing and/or future compositions rights from such songwriters as Tainy ; the Stereotypes production and songwriting team ; Jessie Reyez ; and Skyler Stonestreet . As for Future, the impressive catalog marks Influence Media’s latest eight-figure acquisition and builds on the company’s commitment to investing in modern evergreens and cementing hip-hop and R&B’s high value in the music rights marketplace, the company said in a statement.
In closing the deal, Future was represented by Jeffrey Smith and Robert Finan of Greenberg Traurig, LLP; while Influence Media Partners were represented by Lisa Alter, Katie Baron and Jaclyn Felber of Alter, Kendrick & Baron, LLP.
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