Record labels are prepared to offer rising Atlanta rapper Lil Nas X a seven figure deal as his single, “Old Town Road”, continues to rake in streams, according to Billboard. The moody track about a lonesome cowboy, which samples the Nine Inch Nails hit “34 Ghosts IV”, was released in December. It has received over 11.5 million streams  on Spotify,  and the music video, which features footage from the Western video game Red Dead Redemption, has generated close to 5 million views. “Old Town Road” has hit the Billboard Hot 100 this week, reaching #83. It also debuts on the Hot Country Songs chart at #19 and #36 on the Hot R&B/Hip Hop Songs chart. Lil Nas X self released the album “Naserati” last year. He released the single “BANZUP”, which earned over 132,000 streams, last month.