Irv Gotti Explains Why He Reportedly Sold His Masters As A Part Of

Veteran Hip-Hop executive Irv Gotti may have leveled up in a huge way. Known for helping to launch the careers of artists like DMX and Ja Rule, the heavy-hitter has reportedly inked a $300 million deal with Iconoclast — a network developed to service global agencies, record labels, and content platforms, plus more. “I raised $5 million for me to shoot my movie, and I used my music catalog as collateral. When I did that, it opened up a can of worms,” he told Billboard. “My good friend Zach Horowitz, who used to be the CFO for the Universal Music Group, called me and was like, ‘Irv, are you interested in selling [your catalog]?” My guy Walter Jordan was always telling me, ‘Irv, you’ve got money there.

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