Back in January, YDBR reported that multi-platinum selling Grammy Award winning rapper T.I. had fulfilled his contractual obligations with Atlantic Records, after dropping his Trouble Man: Heavy Is The New Head album and was on the verge of signing with Sony/Columbia Records. See the original post here.
We also reported that T.I. and Grand Hustle CEO’s Jason Geter met with the head honchos of Sony Records to discuss a “big deal”. The big names in the room included Doug Morris, Chairman & CEO of Sony Music Entertainment; Shawn “Tubby” Holiday, A&R Sony Music; Mark Pitts, President of Urban Music at RCA/Sony and founder of Bystorm Entertainment; and Peter Edge, CEO of Sony’s RCA Music Group. During the meeting, T.I. was shopping a $75 million deal which will include three albums, 10-20% of publishing, touring, merchandise, film and TV rights, corporate endorsement deals, and exclusive singing of all Grand Hustle artists. See the original post here.
T.I. is no longer a free agent or shopping a major distribution deal for his Grand Hustle label. As part of the deal, Columbia plans to release T.I.’s ninth album, Trouble Man: He Who Wears The Crown early next year via Grand Hustle/Columbia. It is being reported that music producer Pharrell Williams will be overseeing the project and serves as executive producer. T.I. has also been in the studio with Timbaland and DJ Toomp.
“I’m honored to be partners with such a successful, passionate and creative conglomerate like Columbia Records, who respects and supports the vision of their artist and partners,” said T.I. “Nothing but love, respect, and appreciation for Doug Morris, Rob Stringer, and the entire staff. Also, a special thank you to my big bruh, Sk8board P, for always believing in me and also executive producing my upcoming project.”
Rob Stringer, Chairman/CEO Columbia Records, added, “We’re very excited to welcome T.I. to the Columbia family. With his massive U.S. success and career history, we are going to make him an even bigger superstar on a global level.”
The Atlanta-native has sold over 14 million albums and 30 million singles to date and scored four No. 1 singles on the Billboard Hot 100.
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Photos Credit: T.I.’s Instagram