Nelly Sells Half His Music Catalogue For $50M
Source: Bernard Smalls / @PhotosByBeanz83
For a while now, many music artists such as Zaytoven, Irv Gotti and Dr. Dre have been selling off their catalogues for millions of dollars. And now, another well-known Hip-Hop artist has moved part of his life’s work for a nice chunk of change.
According to TMZ, Nelly just closed a deal with a company called HarbourView Equity Partners for a cool $50 million dollars in exchange for half of his music catalogue, which includes many of his chart-topping hits such as “Dilemma,” “Ride Wit Me” and “Hot In Herre.” Y’all know no one was giving Nelly $50 million unless those particular songs were involved in the deal.
TMZ reports:
What do y’all think of Nelly’s latest deal? Did he sell too low or did he get too much? Let us know in the comments section below.
