Recently, more and more long-time musicians and bands have started to sell their recordings for large sums of money to big companies. This year, for example, it has been reported that singer-songwriters Bob Dylan and Neil Young have sold their own catalogue for huge sums.
Now hard rock legends Mötley Crüe have sold the rights to their own recorded catalog to BMG. The deal includes all nine of the band’s studio albums as well as compilations and live albums. The sale price has not been publicly confirmed, but is said to be up to $150 million, according to Variety’s sources.
“It feels amazing to be collaborating with our new partners at BMG. Their extensive track record of success in rock made them the perfect home to continue preserving and growing our musical legacy, ensuring we always stay at the top”, the band comments.
The band’s previous album “Saints Of Los Angeles” was released in 2008. The band was also due to embark on a return tour in 2020, but the coronary pandemic put plans on hold.