Today, BlackRock backed Influence Media Partners (“Influence Media”) announced the acquisition of GRAMMY nominated rapper and producer Logic’s music catalog spanning 185 titles. The eight-figure deal features chart-topping tracks including multi-platinum single ‘1-800-273-8255’, ‘EVERYDAY” with Marshmello and ‘HOMICIDE’ featuring Eminem.
“Making music has always been a creative outlet and a form of therapy for me, and I’ve been humbled by how deeply it has connected with people around the world,” said Logic. “It’s important to me that the positive messages of my music continue to reach new audiences, and I’m excited to partner with Rene and the Influence Media Partners team to make a further impact through creativity.”
Influence Media’s commitment to the future of hip-hop in the music publishing and content rights industry is further solidified by the recent Logic deal. Building upon their acquisition of numerous titles by GRAMMY® Award-winning rapper Future from 2004 to 2020, Influence Media aims to expand the influence of Logic’s contributions on pop culture, aligning with their mission to strengthen “modern evergreen” music.
“Logic is a changemaker with an independent mindset and entrepreneurial spirit. He’s proven himself to be a multifaceted artist who never confines himself to one box,” said Rene McLean, Influence Media Partner and Founding Advisor. “Logic has made a tangible impact not only on the music charts, but on culture, and his commitment to destigmatizing and raising awareness around mental health issues is admirable. Influence Media is proud to partner with Logic to ensure his powerful body of work is heard for generations to come.”
This acquisition news coincides with the release of Logic’s eighth studio album, College Park, and the announcement of his U.S. tour, “Logic: The College Park Tour with Special Guest Juicy J.” College Park marks Logic’s initial independent release after his ten-year agreement with Def Jam Records, during which he unveiled his 2017 album Everybody and the multi-platinum track “1-800-273-8255” featuring Khalid and Alessia Cara. The success of this hit single garnered two GRAMMY® nominations and propelled Logic to advocate for mental health. Since then, Logic has achieved over 20 songs on the Billboard Hot 100 charts and collaborated with esteemed artists such as Eminem, RZA, Pusha T, and Childish Gambino.
In 2022, Influence Media introduced a $750 million fund platform, backed by BlackRock, Inc. and Warner Music Group, aimed at investing in valuable compositions by artists with global reach, growth potential, and streaming success. As a result, Influence Media has invested in over 25 music catalogs from Future, Blake Shelton, The Stereotypes, Tainy, Jessie Reyez, Julia Michaels, and more.
