Enrique Iglesias sells his musical catalog for a millionaire figure

Enrique Iglesias remains firm in his idea of ​​leaving his professional career as an artist behind.

Oliver Thansan
Oliver Thansan
07 December 2023 Thursday 15:26
8 Reads
Enrique Iglesias sells his musical catalog for a millionaire figure

Enrique Iglesias remains firm in his idea of ​​leaving his professional career as an artist behind. It was a few days ago when the son of Julio Iglesias and Isabel Preysler surprised all of his followers by announcing a partial retirement from music after publishing what he considered to be his last album. "This is it... I will not make more albums," he expressed on social networks, ensuring that "it is not a goodbye to music." Recently, it has been learned that the actor has already sold his entire musical catalog, as well as his image rights. And he has done it for a million-dollar figure.

As we said, Enrique announced to his unconditional fans that his last album would mark the end of his career as a performer, but not as an artist. Tamara Falcó's brother intends to continue linked to the world of music, but this time as a producer. Apparently, the artist has carried out a negotiation with Influence Media Partners to sell his entire catalog as a singer. The information has been revealed by Bloomberg, and although at the moment the exact value is unknown, it is known that it has nine figures.

Therefore, we would be talking about a price of around one hundred million dollars; more than 93 million euros. As the singer's representative, Fernando Giaccardi, has acknowledged, the agreement includes the recorded music and the rights corresponding to the artist's work before 2021. "We could have made more money if we had gone to more places, but we didn't because It wasn't about that," the artist's manager began explaining.

"It was a question of the relationship, of how we could help each other and position the music," Giaccardi expressed to the aforementioned media, clarifying that none of this agreement has been made without the presence of Iglesias himself, who wanted to continue this process. actively. It is unknown what Iglesias' next projects will be, but taking into account his history, they will surely be very successful.

The truth is that Enrique is not the first artist to decide to sell his musical catalogs for a good sum of money. Renowned singers such as Bob Dylan, Shakira, Sting, Bruce Springsteen and Justin Bieber are some of the performers who have closed similar agreements in the past. In this case, the New York firm that has acquired these rights also has those of some important names on the North American scene, such as Blake Shelton, Julia Michaels, Logic, Future and even the composer Ali Tamposi.