The singer Enrique Iglesias has closed a deal with the New York company Influence Media Partners, backed by Warner Music Group and Blackrock Inc, to sell his catalog of songs recorded to date and his image rights for an amount that has not been made public but which is estimated to be hundreds of millions of dollars, as published by Bloomberg.
“Lylette got a bargain,” Enrique Iglesias’ longtime manager Fernando Giaccardi joked during a phone interview with Bloomberg, referring to one of the Influence Media Partners executives. “We could have gotten more money if we had gone further. places, but we didn’t do it because that’s not what it was about. It was about the relationship, about how we can help each other and position the music,” added the manager, who also wanted to make it clear that the artist, son of Julio Iglesias, has actively participated in the entire negotiation with the company that now owns its rights.
Furthermore, Giaccardi has explained that Enrique Iglesias is at a key moment in his career. According to the manager, the artist will release what will be his last studio album next February under the title Final Vol. 2, a piece to which Influence Media Partners will not have the rights. What is not clear is whether this will also be the end of her career as an artist on stage or if the son of Julio Iglesias and Isabel Preysler will continue playing and singing live some of his classics such as Dancing, The Loser, We Dance, I Like It, heroeither Tell him that and of his new songs like the hit This is life which he has just launched with the Argentine artist María Becerra.
For his part, Enrique Iglesias has issued a statement to which Billboard has had access in which he assures that for both him and his fans his songs “have immense meaning.” I am excited to work with the Influence Media team. “I am confident that we will build a long-lasting partnership for my music and my future projects,” he added.
Enrique Iglesias is currently touring North America with Pitbull and Ricky Martin in what they have dubbed Trilogy Tour. The three artists began touring the country last October and will continue performing until March 10, 2024, when they end the tour in Tampa (Florida).
Until then they will perform in both the United States and Canada. They will make stops in Denver, Kansas City, Montreal, Toronto, Vancouver, San Francisco, Nashville, Atlanta, Austin, Charlotte, Saint Paul, Fort Worth and other cities on the continent. The closest event will be next Friday, December 8 at the Climate Pledge Arena sports venue in Seattle (Washington), a show for which there are still tickets on sale for between 100 and no less than 10,000 US dollars, which can be get to pay for the most VIP tickets to the venue.