Famed Latino singer Enrique Iglesias has sold his music catalogue, including global hits such as Bailando and Héroe, to Influence Media partners, Bloomberg reported on Wednesday. The company will also manage his recordings, the rights to his name, image and likeness.
The value of the deal wasn't disclosed, but a person with knowledge of the operation told the media outlet that it amounts to nine figures (that is, at least $100 million). It includes the up-to-date catalogue and, according to Axios, is one of the largest deals of the kind for a Latino artist. It includes 11 studio albums, five compilation albums and 62 singles.
