7 Dec, 2023 @ 16:53
1 min read

Spain’s Enrique Iglesias sells the rights to his songs, name and image – and for an astonishing sum of money

Enrique Iglesias in concert at Palalottomatica, Rome, ITALY-05-05-2019

SINGER Enrique Iglesias is expecting a huge payday after selling the rights to his songs, name and image. 

The Spanish star, 48, has made a deal with Influence Media Partners for a suspected nine-figure sum. 

According to Bloomberg News, the deal includes all of his music to date alongside the rights to his name and image. 

Spanish heartthrob Enrique Iglesias is reportedly planning to retire from music. Photo: Cordon Press

Iglesias follows the likes of Blake Shelton, Future and Logic, all of whom have also sold their rights to the company. 

Although the actual figure has not been revealed, an anonymous expert has said it will be more than $100 million. 

The company is backed by Warner Music Group and Blackrock Inc and led by media experts Lylette Pizarro, Lynn Hazan, Rene McLean  and Jon Jashni.

The deal is a big win for the company as deals of this kind are rare due to high interest rates. 

Iglesias’ longtime manager, Fernando Giaccardi, said: “We could have got more money if we wanted but we didn’t because we valued the relationship with Lylette more. 

“It’s about how we help each other and position the music. Enrique was actively involved in the negotiation.”

The singer is currently on tour alongside international superstars Ricky Martin and Pitbull. 

He is also reportedly preparing to release his next and final album in February next year entitled ‘Final Vol 2’. 

The Spanish singer can also still perform his old songs and retains the rights to any new material he writes. 

According to Lylette Pizarro: “His relationship with his fans won’t change. He’ll still have the same legacy.” 

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Yzabelle Bostyn

Yzabelle Bostyn is an NCTJ trained journalist who started her journalistic career at the Olive Press in 2023.
Before moving to Spain, she studied for a BA in English Literature and Hispanic Studies at the University of Sheffield.
After graduating she moved to the university’s journalism department, one of the best in the UK.
Throughout the past few years, she has taken on many roles including social media marketing, copywriting and radio presenting.
She then took a year out to travel Latin America, scaling volcanoes in Guatemala and swimming with sharks in Belize.
Then, she came to the Olive Press last year where she has honed her travel writing skills and reported on many fantastic experiences such as the Al Andalus luxury train.
She has also undertaken many investigations, looking into complex issues like Spain’s rental crisis and rising cancer rates.
Always willing to help, she has exposed many frauds and scams, working alongside victims to achieve justice.
She is most proud of her work on Nolotil, a drug linked to the deaths of many Brits in Spain.
A campaign launched by Yzabelle has received considerable support and her coverage has been by the UK and Spanish media alike.
Her writing has featured on many UK news outlets from the Sun to the Mail Online, who contracted her to report for them in Tenerife on growing tourism issues.
Recently, she has appeared on Times Radio covering deadly flooding in Valencia.

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