Motley Crue Cashes In
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