×

Iggy Azalea Says She’s Signed a $2.7 Million Deal

Iggy Azalea, who earlier this month announced she’d parted ways with Island Records, claims that she signed a new $2.7 million “deal/partnership” that apparently includes a custom label and allows her to keep the rights to her master recordings.

“Proud to say I literally just signed my new deal/partnership!,” she wrote on Twitter Thursday night.  “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…”

She followed by writing, “There will be an official announcement later in the week. I’m just so happy & excited; I wanted to tell you guys as soon as the pen hit the paper!” She added, “I suddenly love streaming platforms,” although it’s unclear what she was referring to.

A rep for the rapper did not immediately respond to Variety’s request for comment.

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

  • Dr. Donald Shirley (Mahershala Ali, right)

    Read Variety's 1957 Review of 'Green Book' Pianist Don Shirley

    “Green Book” viewers who are not totally versed in the ways of ’50s and ’60s jazz may come away from the heavily Oscar-nominated movie wondering just how well known and respected the film’s central musical figure, Don Shirley (played by Mahershala Ali), really was in his heyday. The answer: revered enough to have picked up [...]

  • R. Kelly's Bond Set at $1

    R. Kelly's Bond Set at $1 Million

    UPDATED: A Chicago judge has set R&B singer R. Kelly’s bond at $1 million, or $250,000 for each of the four cases of criminal sexual abuse leveled against him. The singer, 52, must put forth $100,000 to make bail. The singer appeared at the Leighton Criminal Court Building wearing a black hoodie and jeans, according to [...]

  • Concert Review: James Blake Warms Up

    Concert Review: James Blake, Hip-Hop's Go-To Singer, Warms Up a Chilly Philadelphia Night

    With his quavering vocals and math-wiz electronic melodies, James Blake is a pretty unlikely candidate for a hip-hop go-to singer: His high, icy baritone is about as far from rap as one can get. But there he is, collaborating as a singer and co-composer on Jay-Z’s “4:44,” Jay Rock’s “Redemption,” Frank Ocean’s “Blonde,” Beyoncé’s “Lemonade” [...]

  • Editorial use onlyMandatory Credit: Photo by

    It'll Take a 'Village' to Salute the Kinks at Tribute Show Saturday

    The Kinks’ classic 1968 album “The Village Green Preservation Society” has always needed some fervent champions to keep its reputation alive, or even to keep it in print, in the 50 years since it first came out and proved to be a massive flop. You could give a name to the fervent cult that’s made [...]

  • R. Kelly

    R. Kelly Turns Himself in to Chicago Police

    R. Kelly, who was indicted Friday afternoon on 10 counts of aggravated criminal sexual abuse involving four victims, turned himself in to a Chicago police station on Friday night. He is set to appear for a bond hearing on Saturday. pic.twitter.com/7k9VvbTPjg — Megan Crepeau (@crepeau) February 23, 2019 The incidents — in which three of [...]

  • Gary Clark Jr This Land

    Album Review: Gary Clark Jr.'s 'This Land'

    Not that many years ago, people were talking about Gary Clark Jr. in terms of his ability to revive a fairly commercially moribund genre: the blues. But his third full-length studio album, “This Land,” makes good on his potential to make a record that fits quite nicely within the larger realm of mainstream rock ‘n’ [...]

  • R. Kelly

    R. Kelly Is ‘Going Down Hard,’ Criminal-Defense Attorney Predicts

    When R. Kelly was arrested on child-pornography charges in 2002, after a videotape emerged that purported to show him having sex with an underage girl, he managed to have the case dismissed through a combination of skillful lawyering, repeated delays (the verdict did not come down for six years), and the fact that the girl [...]

More From Our Brands

Access exclusive content