Ja Rule, the renowned Queens rapper, recently made an intriguing revelation during his conversation with Bloomberg: he’s considering selling his highly valuable music catalog. However, there’s a catch. Ja Rule emphasized that he would only proceed with the sale if a particular clause is included in the contractual agreement.
Expressing his realization about the substantial worth of his catalog, Ja Rule stated, “I’ve discovered that my catalog holds immense financial potential. So, I’ll be exploring opportunities to capitalize on it.” He discussed the possibility of engaging in a reversion deal, where he would potentially relinquish half of his catalog, allowing it to eventually revert back to his family. Gauging the value of his music proves to be a challenge for him, as it typically diminishes as an artist’s prominence fades away, resulting in a depreciation of music value.
Joining the ranks of Hip Hop artists who have sold their catalogs, such as Mannie Fresh and Iggy Azalea, Ja Rule’s decision holds immense significance. Iggy Azalea herself proclaimed that the sale of her catalog ensured financial security for the rest of her life, no longer requiring her to engage in further work.