Kanye West, a multimillionaire rapper, music producer, and fashion designer, has disputed rumors that he put his music library up for sale.
Members of the rapper’s crew, according to Billboard, “have met selectively with prospective purchasers to investigate what type of valuation his song collection could command.” They are reportedly aiming to raise $175 million, according to the publication.
But Kanye took to Instagram on Tuesday evening to question the Billboard report that he has been quietly looking for buyers for his music catalog.
Writing on Instagram Stories, Ye said:
“Just like Taylor Swift… my publishing is being put up for my sale without my knowledge.”
In another Instagram Story, West posted a screenshot of a text message with an unnamed person, with West asking, “Can you ask Gee who is selling my publishing,” likely referring to his manager Gee Roberson.
“Fake news,” the person replies. “Of course every publisher wants to pitch there hardest to buy. Smh.”
West’s situation is different from Taylor Swift, as Swift’s publishing catalog was never up for sale.
Instead, Taylor Swift’s manager Scooter Braun had acquired her former label ‘Big Machine’ and all of its recorded music assets in 2019, which included Swift’s masters.