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The lucrative deal is the latest acquisition in the hip-hop space.

/03.07.2023 Metro Boomin want some more. The mega-producer has sold a portion of his existing publishing catalog to Shamrock Capital in a deal valued close to $70 million, reports Billboard. As one of musics most proven hitmakers, Metro Boomin is behind hits including Migos Bad and Boujee, Futures Mask Off, Post Malones Congratulations, 21 Savages Bank Account, Drake and Futures Jumpman, and The Weeknds Heartless. In December, he released his second album Heroes & Villains, which debuted at No. 1 on the Billboard 200 and featured Young Thug, Travis Scott, Future, Don Toliver, Chris Brown, and more. He has charted 99 total entries on the Hot 100 as a producer, including two No. 1s and 10 top 10s. As an artist, Metro Boomin has 46 total entries on the Hot 100. His catalog becomes the latest acquisition for Shamrock, who acquired Dr. Dres music assets as part of a $200 million deal. Last year, a majority stake in the late Juice WRLDs catalog was quietly sold to Opus Music Group for nine figures. Justin Bieber recently sold his music rights to Hipgnosis Songs Capital for over $200 million, while Futures catalog commanded between $65-75 million. YOU MIGHT ALSO LIKE Read more