• ZZ TOP Sells Catalog For Reported $50 Million

    1 month ago - By Blabber Mouth

    Global music company BMG and global investment firm KKR today announced that they have acquired the entire music interests of American rock icons ZZ TOP. According to Variety , BMG paid a sum sources place at around $50 million.
    The transaction marks the latest significant music rights deal the two companies have struck together since announcing in March 2021 that they would join forces in the fast-growing market for music IP.
    The ZZ TOP agreement includes a buyout of the band's publishing catalogue and their income from recorded royalties and performance royalties. Previously, BMG served...
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  • TUE. BRIEF: YouTube rippers owe $83M • Coachella stops Live Nation • BMG, KKR pay ZZ Top $50M • Merlin + Boomplay • more

    1 month ago - By Hypebot

    TUESDAY 12.21.2021 • Music Business News From Across The Web Updated Continuously Under MORE NEWS Tab Above
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