Eve has cashed in on her music catalog!
According to Music Business Worldwide, the iconic rapper sold the publishing rights to her catalog to Olivier Chastan’s acquisition company, Iconoclast, in a deal valued between $25 million and $50 million. Sources confirmed the impressive eight-figure sum, marking a major financial move for the hip-hop star.
Olivier Chastan praised Eve’s impact, saying, “Eve’s influence on hip hop and popular culture is unmatched. She’s not just an incredible artist, but a trailblazer for women in the genre.”
“We are honored to help preserve and elevate her incredible legacy, ensuring that her influence continues to inspire future generations of artists and fans alike,” he added.
According to COMPLEX Eve’s opened up about different experiences in her career in her new memoir Who’s That Girl. In it, she talks about a time when The LOX were contemplating how they were going to confront Mike Tyson for making her feel uncomfortable.
“One time, Mike Tyson tried talking to me crazy when I was out with The LOX,” Eve wrote. “The guys saw I was noticeably uncomfortable, and they were about to fight Mike Tyson to protect me. Literally, Styles P, Jadakiss, and Sheek Louch were building a strategy around how they were going to potentially gang up on Iron Mike.”
Another part of Eve’s book talks about her experience being signed to Dr. Dre’s Aftermath Entertainment in the late 90s, only to be dropped within eight months.
“I think it was a huge blessing in disguise,” she said. “I needed to be humbled. I think a lot of the reason why I got dropped by Dre is that I was so, ‘When is it my turn? When are you going to put me on?’ So extra Philly feisty. I needed to be sent back home to be like, ‘OK, well, if you got this opportunity again, who do you want to be? What do you want to show the world?'”