In January Iggy Azalea signed a deal with Interscope Records under the guidance of chairman Jimmy Iovine, so a month later, when she was added to T.I.’s roster at Grand Hustle Records, there was some understandable confusion. To make everything gel, Azalea tells MTV News that she worked with Iovine to restructure her contract and create an ideal situation.
“I didn’t know I was gonna sign to Grand Hustle,” Azalea told MTV News, explaining how she managed to stick with both imprints. “There’s no way I thought that would happen. Not because I didn’t like them, just because my deal was all sewn up, and I restructured the whole thing.”
The 21-year-old Australian rapper revealed that Interscope chairman Jimmy Iovine was “cool with it,” helping her tailor a new deal that pleased all parties involved. “[Jimmy] likes Tip, and they’re good friends, so it worked out,” she explained. “But it made everybody so confused, because everyone was like, ’I thought she was signed to Interscope; Grand Hustle is with Atlantic.’ ”
Iggy said she pushed for the deal to be amended because she had such natural chemistry with the Atlanta rapper and his team. “I love everyone at Grand Hustle — not just [T.I.],” she shared. “Initially, I wanted to work with him … because of him, but once I got to Atlanta and I met all of them, I was like, ’Man, I feel so comfortable with all these people and I really want them to all be involved and not just for one album but for the long run.’
“You always hear stories of labels trying to break things up and things changing, and I just wanted to make sure I had a structured business deal where that was not able to happen,” she concluded. “So that’s why I asked for it to be restructured and for Grand Hustle to be involved and be a permanent fixture in my career.”
Iggy Azalea’s debut album, The New Classic, is tentatively scheduled to drop this summer.