Drake's 'If You're Reading This' Mixtape Could Sell 500K Copies

Drake's surprise "mixtape" If You're Reading This It's Too Late could sell as many as 500,000 copies before the end of the weekend.

Album sales tracker HitsDailyDouble projects the unexpected collection will likely outsell the Fifty Shades of Grey soundtrack, which released on Tuesday.

Regardless, it's almost certain a Republic Records project (the label released both sets) will dethrone Taylor Swift's 1989 to take over the No. 1 spot in the States.

Despite the $12.99 price tag on iTunes, Drake has emphasized his set is a mixtape and not a proper record.

Billboard has subsequently reported Drake's new project will likely debut at No. 1.

Update: As of Feb. 14, industry insiders are projecting a 500,000-plus debut for Drake's tape. (via Billboard)