Nelly Sells Half His Music Catalog For $50 Million

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Juneteenth: A Global Celebration For Freedom
LOS ANGELES, CALIFORNIA - JUNE 19: Rapper Nelly performs onstage at Juneteenth: A Global Celebration For Freedom at The Greek Theatre on June 19, 2023 in Los Angeles, California. (Photo by Scott Dudelson/Getty Images)
Nelly has sold a share of half his music for $50 million.

Artists selling their entire musical catalogs are becoming increasingly common. Some artists in particular have netted absolutely massive paydays for their musical works. Just yesterday, NLE Choppa speculated that he could sell his entire catalog for $1 billion, a figure that many fans contested. Now a new sale puts that number into perspective. According to TMZ, Nelly has sold a 50% share of his musical catalog for $50 million. His discography includes 8 albums, 6 of which debuted in the top 10 and three of which hit number 1 on the Billboard 200.

Nelly's collection also includes four number-one songs. His first number-one hit "Hot In Herre" has been certified 2x Platinum. His discography also includes 6 other top 10 singles, the most recent of which is "Just A Dream" which peaked at number 3 back in 2010. The sale is being facilitated by a company called HarbourView Equity Partners. Many artists like Bob Dylan, The Beatles, and Michael Jackson have sold their catalogs in the past. This enables their songs to be licensed out for things like commercials.

Nelly Gets $50 Million For His Music

This sale comes right on the heels of Nelly's debut album Country Grammar turning 23. Three of the album's singles made it to the top 15 of the Hot 100 and two of them even made it to the Top 10. The song "Ride Wit Me" featuring City Spud peaked at number 3 and was one of Nelly's earliest smash hits. The album and it's follow-up Nellyville are still massive fan favorites.

A few weeks ago Nelly showed up at CNN's Juneteenth celebration. While there he performed his classic hit "Dilemma" alongside Chloe Bailey. Some viewers of the performance thought that Chole was over-singing and wished the track's original performer Kelly Rowland had been there instead. Nelly's newest album Heartland dropped in 2021 and saw him embracing his country music side. He's promised a sequel to the album is coming on multiple occasions. What do you think of Nelly selling half the rights to his music for $50 Million? Let us know in the comment section below.

Read More: Ashanti Gives Goddess Vibes In Bermuda Carnival Costume, Gets Cozy With Nelly While Performing

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About The Author
Lavender Alexandria
Lavender Alexandria is a music and culture journalist based in Los Angeles, California. She’s covered dozens of musical genres and styles from the most mainstream to the most experimental and underground on her blog and accompanying YouTube channel that looks at music, pop culture, and Billboard charts since 2017: Lav’s Music Corner. Lavender has produced editorial and listicle content both in written and video form over the past far years and has also interviewed up-and-coming artists like Censored Dialogue. Her experiences covering culture have taken her from Hyperpop parties in LA to underground rap shows in Atlanta, to DIY punk shows in Charlotte. Lavender has also written for iHeartRadio, covering some of the biggest artists in Hip Hop such as Ice Spice, Drake, Doja Cat and Cardi B. She also has bylines with ScreenRant and continues to write for Ringtone magazine. Lavender is a lifelong Charlotte Hornets fan and her favorite rap artists include Clipping, Little Simz, Earl Sweatshirt, and Kendrick Lamar.
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