After separating from Island Records earlier this month, on Tuesday (Nov. 20), Iggy Azalea officially announced a new partnership with EMPIRE. “I’m so excited to begin a new entrepreneurial chapter in my career with EMPIRE as my partner,” the Australian MC said in a press release. “The ability to have control of my own artistic future is a long awaited and monumental change in my life. I genuinely feel I am in the best position to achieve my creative ambitions.”
The multi-year agreement will include EMPIRE -- whose roster includes Tyga and Lloyd -- overseeing "the release and promotion" of Azalea's forthcoming music via its label services offerings, including her long-awaited sophomore album. “We’re excited to welcome Iggy to the EMPIRE family," EMPIRE founder/CEO Ghazi Shami said in a statement. "Over the years, I’ve admired Iggy’s artistry, honest and direct relationship with her fans and tenacity as a businesswoman. I’m honored that we will have the opportunity to build upon her already exceptional career.”
In a series of tweets last week, Azalea said going forward she would own the masters to her future catalog and that she was now "100% independent," though she remained mum on her landing spot. She also said the deal would be worth $2.7 million, though a rep for EMPIRE declined to comment on that figure.