×
You will be redirected back to your article in seconds

Iggy Azalea Reveals Details of New ‘$2.7 Million’ Record Deal

After weeks of self-publicizing her departure from Island Records and announcing last week that she’s signed a new “deal/partnership” worth $2.7 million, Iggy Azalea has revealed the company with whom she’s signed: indie hip-hop powerhouse Empire.

According to the announcement, the multi-year agreement will see the San Francisco-based company “utilize its innovative label services to oversee the release and promotion of Azalea’s highly anticipated new music and forthcoming sophomore album,” which the rapper said is coming early next year.

“I’m so excited to begin a new entrepreneurial chapter in my career with EMPIRE as my partner,” Azalea said in the announcement. “The ability to have control of my own artistic future is a long awaited and monumental change in my life. I genuinely feel I am in the best position to achieve my creative ambitions.”

Ghazi Shami, founder and CEO of Empire, said, “We’re excited to welcome Iggy to the Empire family. Over the years, I’ve admired Iggy’s artistry, honest and direct relationship with her fans and tenacity as a businesswoman. I’m honored that we will have the opportunity to build upon her already exceptional career.”

Via twitter last week, Azalea wrote, “Proud to say I literally just signed my new deal/partnership! 2.7mil, can sign others, own my masters + 100% independent – I’m feeling like such a bossy grown ass bitch today!  Time to get back to ME. I’m so grateful & excited…”

In announcing her split with Island, the rapper said she hoped to release music early next year. “Well still no music this year tho…,” she wrote. “I am nowhere near ready direction wise etc with the stuff I’ve been working on and I don’t wanna jump the gun and have some messy era aesthetically. I’m aiming to be ready to share new music early next year!”

Producer J White, who coproduced Cardi B’s “Bodak Yellow” and “I Like It,” told Variety earlier this week that he’s scheduled to go into the studio with Azalea, although the project seemed destined for his forthcoming solo album.

It’s been a rocky few months for the Australian rapper, who spoke earlier this year of an intervention for her mental health being staged by her management, one that resulted in enrolling in a facility in Arizona.

The rapper had moved from Def Jam to Island earlier this year (both companies are part of Universal Music Group) and released her first music in four years, the “Survive the Summer” EP. A fall tour was scheduled and announced, however it was cancelled last month, officially due to “unforeseen circumstances” but presumably due to slow ticket sales.

However, one can’t say she’s taking it lying down: The new announcement comes less than two weeks after she announced her split with Island, and earlier this week she laughed off an apparent attempt by teen rapper Bhad Barbie to throw a drink at her.

“I get that this little girl has made a name for herself acting a damn fool on television and online, but I’m a grown-up,” she said in a video she posted to Instagram. “”I’m not about to waste my energy on that s–t or be fighting a kid in a club. Come on.”

 

More Music

  • Spice Girls Open Reunion Tour in

    Spice Girls Open European Reunion Tour With Inclusivity Proclamations, Sound Issues

    Posh Spice chose not to be included, but there was a lot of other inclusivity to go around as the four other Spice Girls opened their reunion tour in Dublin Friday night. “We welcome all ages, all races, all gender identifies, all countries of origin, all sexual orientations, all religions and beliefs, all abilities,” they [...]

  • Moby attends the LA premiere of

    Moby Apologizes to Natalie Portman Over Book Controversy

    Moby has issued an apology of sorts after writing in his recently published memoir “Then It Fell Apart” that he dated Natalie Portman when she was 20 — a claim the actress refuted. “As some time has passed I’ve realized that many of the criticisms leveled at me regarding my inclusion of Natalie in Then [...]

  • Billie Eilish

    Billie Eilish Fans to Receive Perks Due to Chicago Venue Change

    Billie Eilish and her music agents at Paradigm are experiencing what most would call a first class problem. The demand to see the 17-year-old singer live has prompted a change of venue for her June 9 show in Chicago — from the 5,000-capacity Aragon Ballroom to the 20,000-plus-seat United Center arena. The last-minute venue change [...]

  • Moby Natalie Portman

    Moby Accuses Natalie Portman of Lying as the Two Spar Over Dating Claims

    In what’s become a he said/she said spat in multiple mediums, Moby, the elder statesman of electronic music, is now accusing actress Natalie Portman of lying and pleading to those on social media for his safety as “physical threats from complete strangers” emerge. To recap: this month, Moby released a new book, “Then It All [...]

  • Ellen DeGeneres Buys Adam Levine’s Beverly

    Adam Levine Cashes in on Sale of Max Mutchnick’s Former Mansion to Ellen DeGeneres

    Adam Levine and Behati Prinsloo have sold a baronial Beverly Hills mansion with an illustrious chain of ownership for a reported $45 million to Ellen DeGeneres and Portia de Rossi. The mainstream radio rock star, who, it was announced Friday, will not to return as a coach on “The Voice,” and the Namibian-born Victoria’s Secret [...]

  • Kanye West Shares a Memory of

    Kanye West Shares a Touching Memory of His Mother in Letterman Interview

    In a preview of David Letterman’s interview with Kanye West, which begins streaming next Friday, May 31, the musician’s wife Kim Kardashian West, tweeted a clip of him sharing a touching memory of his mother, Donda, who died in 2007 after a surgical procedure. While his wife looks on smiling, West answers Letterman’s question about [...]

More From Our Brands

Access exclusive content