🔥8664

pixel_start

Dr. Dre is the latest artist to cash out by selling the rights to his catalog.

Dre will get between $200 and $250 million for what are two separate sales.

The bigger sale is to Shamrock Holdings.  This includes artist royalties from two of his solo albums, his share of N.W.A. artist royalties, his producer royalties, and the writer’s share of his song catalog which he doesn’t own publishing.  (This likely includes his seminal album, The Chronic.)

The Shamrock sale is 75 to 90 percent of the package.  

The remaining 10 to 25 percent goes to Universal.  This includes the master recording of The Chronic, his share of an Aftermath/Interscope joint venture with the Top Dawg label for Kendrick Lamar releases, and other odds and ends.

It’s unclear if the two deals include the entirety of his catalog.

Dre’s lawyers had been openly shopping for a deal for some time.

pixel_end

Related Posts

Kanye cops to Childhood Sex With His Murderer Cousin

Trick Daddy Curses Out The Shade Room Over Miami Restaurant Shooting Report

Jeezy’s Baby Mama Reportedly Wanted Him Jailed For Not Buying Her A New Car

Mark Zuckerberg Tells Elon Musk To Drop His Address

Wendy Williams Roasts Nicki Minaj For Marrying Convicted Sex Offender

“I’d Rather Not Know Than to Know It All”: An Interview With Hodgy