Kendrick Lamar's publishing deal with Warner/Chappell Music is about to expire.
For his next deal, K.Dot and TDE are going to get paid big time.
Billboard has the latest on the negotiations:
Top Dawg Entertainment, which manages the rapper-songwriter, is considering offers between $20 million and $40 million, sources tell Billboard; the value would depend on the terms of the deal. One bidder has offered $28 million, a source tells Billboard, while another source cited a $23 million offer that included $11 million upon signing. Such offers would likely be for Lamar’s entire catalog, but the terms Lamar's camp is seeking weren’t clear.
A music publisher is responsible for ensuring the songwriters and composers receive payment when their compositions are used commercially. They then take up to 50 percent of the royalties.
Given Kendrick's recent run of success -- he was the second most "consumed" artist of 2017 and is nominated for seven Grammys -- he should be able to negotiate a very favorable deal.
Kendrick will also be performing at the 2018 Grammys, which will air on CBS from New York’s Madison Square Garden on Jan. 28.