In a major music rights deal, German media company BMG acquired Motley Crue's recording catalog for approximately $90 million, according to Music Business Worldwide. The sale includes the band's master recordings, which span over 10 studio albums and numerous hit singles.
Founded in 1981, Motley Crue is one of the most successful and influential bands in heavy metal history. Their discography includes classics like "Shout at the Devil," "Dr. Feelgood," and "The Dirt." The band's music has been certified multi-platinum and has sold millions of copies worldwide.
Music catalog sales have gained significant attention in recent years as a lucrative investment opportunity. These assets provide a steady stream of revenue through royalties and sync licensing. According to Forbes, music rights have outperformed the S&P 500 for the past 25 years.
The sale of Motley Crue's catalog to BMG is a testament to the enduring value of music intellectual property. The deal also highlights the growing interest from investors and major labels in acquiring music catalogs.
As music rights societies like ASCAP and BMI continue to collect and distribute royalties, the ownership and control of these assets become increasingly important. Understanding the types of music rights and how they work is crucial for artists, investors, and industry professionals alike.
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