Rene McLean lays out his vision for new label SLANG: "I've always looked for the white space," he says. "We’re not just finance folks; we come from the music business."
The music investment company owns works by Future, Enrique Iglesias and Julia Michaels.
The deal includes the management of the Spanish star's pre-2021 recording catalog as well as his name, image and likeness rights.
The deal includes a joint venture allowing Shelton to continue to earn money from his music post-sale.