Kanye West to Buy Universal Music Group for $33bn

Kanye West has disclosed intentions to buy Universal Music Group company after he expressed his worry about the music industry.

Kanye West
Kanye West

In an interview with Joe Rogan Experience podcast, West stated that the initial plan was to acquire his masters but he is looking at the bigger picture and that is to buy Universal.

Kanye West

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

‘Universal is] only a $33bn organization. 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’.

In September he revealed his intent to give all good music artists a 50% share of their masters.

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