Add Motley Crue to the growing list of artists cashing in by selling their catalogs. BMG has acquired the rights to the entire catalog netting the Crue around $150 million bucks. Honestly, I would have pegged the catalog to be worth more, at least around $200 million. The article linked via the Tweet says the deal may be worth "significantly" less than $150 million.
Assuming the $150 million is correct, that is a lot of dough and like most artists, I suppose Nikki Sixx and Mick Mars decided the time was right to cash in (again) on their life's work. I wonder how much Vince Neil and Tommy Lee will get from the deal?
BMG has acquired the recorded catalog of Motley Crue, spanning their entire 40-year career, in a deal valued at approximately $150 million. It is the largest single catalog acquisition since BMG was founded in 2008. https://t.co/edigcGlEZW
— Variety (@Variety) November 30, 2021