Kanye West Wants To Buy Universal Music Group For $33 Billion

Rapper Kayne West has made clear his intentions to buy the entire Universal Music Group company after expressing his concerns for the music industry, especially when it comes to an artist’s contract terms, masters, and overall rights they have in a number of tweets in recent times.

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Kanye who recently appeared on ‘The Joe Rogan Experience’ stated;

I’m going to buy Universal. I was thinking about buying my masters [but] I realised that was too small of a thought. I’m going to buy Universal.’

The record producer and owner also expressed his worry over singers not owning the rights to their material;

Universal is] only a $33bn organisation. I’m one of the greatest product producers that ever existed. And I’m a child; I’m 43 years old. I was $53m in debt four years ago. Now it’s proven that I’m the new Michael Jordan of products.

Its noted that, Kanye back in September announced his intentions to give back the 50% masters rights to the artists he held on his G.O.O.D. Music record label.