Other Wu-Tang albums included in the deal are “The W,” “Iron Flag,” “8 Diagrams,” “A Better Tomorrow,” “Once Upon A Time In Shaolin,” and “The Saga Continues” (2017). Then there’s the second Wu-Tang Clan album, the Grammy-nominated “Wu-Tang Forever.” Released in 1997, it debuted at No. Mercuriadis said that his company deals in proven hit songs that “produce reliable, predictable and uncorrelated cash flows which are highly investible.”Īmong the music included in the RZA deal is the Wu’s classic debut LP “Enter The Wu (36 Chambers)” from 1993, considered one of the greatest records in hip-hop history. “I’m honored to partner up with Merck and the Hipgnosis team to usher my songs into an exciting future.” “I wear various hats in my artistic expressions but the one that has been so deeply reflective of my life’s journey is my songwriting,” RZA said.
Even before the Wu dropped their first album, RZA set up a company called Wu-Tang Productions and drafted a 20-year plan, NPR reported. Throughout his career, RZA has shown his skills for making deals and wise investments. Neither the RZA nor Hipgnosis released how much the deal was worth. Hipgnosis Songs is a British Guernsey-registered company founded in 2018 by Canadian–American music industry executive and entrepreneur Merck Mercuriadis, and legendary African-American musician Nile Rodgers. Between March 2019 and March 2020, the British company spent nearly $700 million to acquire 42 catalogs, Hip Hop DX reported. Hipgnosis Songs has bought catalogs from mega-producer Timbaland, Eurythmics’ Dave Stewart, Jack Antonoff, and Jeff Bhasker. The deal included 814 pieces of work and is also part of Hipgnosis Songs Fund’s ongoing efforts to build ownership in its hip-hop catalog.Įarlier this month, the company acquired a catalog from Kanye West and Jay-Z producer No I.D., Music Business Worldwide reported.
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