Four years ago, Yo Gotti landed the highest-charting album of his career after joining forces with a major record label. Now the established rap star is out of his contract, having delivered all four albums it called for—but he’s not rushing to sign a new long-term deal.

Instead, the 39-year-old Memphis rapper has said he bought full ownership of his music, suggesting he exercised an option in his contract with Sony Corp.’s Epic Records to acquire 100% of his recording copyrights, also known as master recordings. Historically,…

This post first appeared on wsj.com

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