Iggy Azalea, 32, reveals plans to retire after selling her master recordings and publishing catalog

Iggy Azalea, 32, reveals plans to retire after selling her master recordings and publishing catalog in ‘eight-figure deal’

Iggy Azalea has hinted at plans to retire after she sold her master recordings and publishing catalog to Domain Capital in an eight-figure deal.

The 32-year-old rapper revealed she sold a portion of my catalog so she ‘doesn’t have to work another day in her life’.

The Problem hit-maker made the confession as she responded to a fan questioning the sale of her recordings on Twitter.

Iggy Azalea, 32, revealed her plans to retire after selling her master recordings and publishing catalog in 'eight-figure deal'

Iggy Azalea, 32, revealed her plans to retire after selling her master recordings and publishing catalog in ‘eight-figure deal’

‘I just hope she doesn’t end up like Taylor [Swift] (no shade at all, just using it as an example),’ the fan wrote.

Iggy responded: ‘Taylor did not profit from that sale. I sold a portion of my catalog to who I wanted, for an amount that means I don’t have to work another day in my life.’

‘I love y’all down but the masters conversation is a little beyond most of your understanding of business.’

The Problem hit-maker made the confession as she responded to a fan questioning the sale of her master recordings and publishing catalog on Twitter

The Problem hit-maker made the confession as she responded to a fan questioning the sale of her master recordings and publishing catalog on Twitter

It comes after Iggy recently announced she was making a return to music after quitting the industry last year.

The Fancy hit maker shared the news with fans in August, declaring: ‘I’m coming back. Cry about it.’

In a lengthy tweet, Iggy said she quit music because of the ‘negative energy’ but is now coming back bigger and better than ever.

‘A year ago I was willing to walk away from music because I was tired of the negative energy it attracted,’ Iggy wrote.

'I sold a portion of my catalog to who I wanted, for an amount that means I don't have to work another day in my life,' Iggy Tweeted

‘I sold a portion of my catalog to who I wanted, for an amount that means I don’t have to work another day in my life,’ Iggy Tweeted

‘But what I’ve learned is that even when I’m minding my business, y’all gonna be negative AND nosey.’

‘So if I can’t have peace, neither can you. I’m coming back. Cry about it.’

In July last year, Iggy announced she was taking a step back from music to focus on ‘other creative projects’.

At the time the rapper, best known for her 2014 hit Fancy, announced that her third studio album, End of an Era, will be her last for at least ‘a few years’.

It comes after Iggy announced she was making a return to music after quitting the industry last year

It comes after Iggy announced she was making a return to music after quitting the industry last year

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