Who Is Drake Signed To Now 2020: Latest Record Label News
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Who Is Drake Signed With?
Which record label is Drake currently affiliated with? This question pertains to the professional association between the renowned Canadian rapper and a specific music company. As of my last knowledge update in September 2021, Drake was signed with OVO Sound, a record label he co-founded, and Republic Records, which handles the distribution and promotion of his music. However, it’s important to note that the music industry can undergo changes, so it’s advisable to check the latest information to ensure accuracy regarding his current record label affiliations in 2023.
What Is Drake’S $400 Million Dollar Deal?
Drake’s monumental $400 million deal with Universal, often referred to as “LeBron-sized” due to its immense scale, includes a wide-ranging agreement covering recordings, publishing, merchandise, and visual media projects. This deal, announced on May 6, 2022, can be likened to a supercharged 360-degree deal, illustrating its all-encompassing nature and the substantial financial commitment involved.
Who Created Ovo?
OVO, short for October’s Very Own, was founded in 2008 by three visionary individuals: Aubrey “Drake” Graham, Oliver El-Khatib, and Noah “40” Shebib. This iconic brand has become synonymous with a diverse range of streetwear, fashion apparel, accessories, and exciting collaborations with renowned brands. Rooted in its Canadian heritage, OVO takes pride in crafting high-quality clothing, outerwear, accessories, and even home goods that showcase the essence of Canada’s unique style and culture. With its origins deeply tied to the creative minds behind it, OVO continues to shape the fashion industry landscape with its distinct Canadian flair and premium craftsmanship.
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UMG is owned by Vivendi, a French music conglomerate. Drake is thus signed to Warner Bros Records, and Universal Music Group.The Details of Drake’s “Lebron-Sized” Deal
According to Variety, Drake’s $400 million Universal deal — called “Lebron-sized” because of the sheer magnitude of both its value and its scope — encompasses “recordings, publishing, merchandise, and visual media projects.” Put simply, it’s a 360 deal on steroids.Established in 2008 by founders Aubrey “Drake” Graham, Oliver El-Khatib and Noah “40” Shebib, OVO offers a range of streetwear, clothing, accessories, and collaborations with other notable brands. OVO designs and manufactures premium clothing, outerwear, accessories, and home goods inspired by its Canadian roots.
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