Nicki Minaj ventures into the entrepreneurial side of the music industry. On March 9, the rapper shared in an interview with Joe Budden that she was starting her own management company and record label. “I’m starting my own management company,” she said. Minaj also shared that she initially decided to start her own management company for herself, but ultimately wanted to take other people with her.
The announcement comes just months after sources confirmed to Variety that Minaj is no longer a client of Full Stop Management, which represents artists such as Lizzo, Roddy Ricch and Harry Styles. Last September, Variety also reported that Minaj was in preliminary talks with SALXCO, the management company of The Weeknd, Doja Cat, French Montana and Ty Dolla $ign.
The rapper seems to have taken matters into her own hands and – in turn – has continued to build her legacy as an artist and mogul. “I’m also doing my record label,” she shared with Budden, revealing that she’s signed artists before. “I have a few artists that I’m going to start the record company with,” she said.
After signing with Young Money Entertainment in 2009, Nicki Minaj was quickly rocketed to international fame. Today, she wants to lead by example and show others that female rappers can become moguls in their own right. “The female rappers before me, I would always say they should have retired as moguls. And I was like, ‘Why isn’t there a female version of Jay-Z, who at the time? , even when I walked in, you could tell he had mogul status,” she told Budden. “So I was like, ‘I’m going to be that person, I’m going to do this.’ Even what I’ve done, I haven’t yet done what I want to do, what I have to do, what I’m going to do.
Minaj will share more details about her label “closer to the album.” In fact, the rapper is also said to be working on her fifth studio album. Although no release date has been announced, Minaj shared that she will be going back to her roots on her new project. “There’s a bit of a loop, because I make music much like I made music when I started rapping on mixtapes,” she said in a February interview on The Dana Cortez Show. “Which is just having a great experience, enjoying it, being in the moment, staying present in the moment and seeing what happens.”
