Azealia Banks Celebrates New $1M Record Deal

Azealia Banks headed to Instagram on Wednesday (January 31) to celebrate her new $1 million record deal with E1 Entertainment. The post, which was accompanied by audio Banks, reads: “GOT A MILLION DOLLAR DEAL. IM BACK ON THE BLOCK. JUST SIGNED THE CONTRACT.”

In the caption, she wrote, “I’m now ficially signed to E1 Entertainment!! I HAVE A HOME AGAIN… I’m crying. The Industry left me out on the street like a stray dog and now I have shelter again. This is really making me cry I’m so happy and grateful and thankful for all this and I promise I’m going to make the KUNTS so proud. Thank you guys so freaking much you don’t know how much this means to me @eone_music @williamrobillardcole.”

In a statement to HipHopDX, E1 Entertainment’s William Robillard Cole said, “Azealia Banks is an incredible artist who we are proud and excited to welcome to Entertainment one. I decided to sign her because her talent and music is undeniably brilliant. New music soon!”

Banks, who’s routinely in the headlines more ten for her puzzling behavior than her music, later expressed gratitude for her fans Instagram and explained how her “broken household” affected her.

“I come from a very broken household and When I was a little girl all I wanted was to be loved,” she wrote in the caption. “I’ve been all around the world but I swear I’ve never felt more understood, cared for and welcome than I have with you all. YOU are the loves my life. I don’t need anyone else but my kunts. Thank you for everything.”

Ahead the announcement, Banks revealed she’s working on her forthcoming full-length project, Fantasea II: The Second Wave, and wanted the first ficial single, “Anna Wintour,” to feature Nicki Minaj.

Fantasea II: The Second Wave is expected to arrive in March.