Dr. Dre has his sights set on a profitable music deal, one that might promote the rights to a few of his royalties and grasp recordings … and we’re instructed the value tag is effectively over $200 million.
The music mogul is near promoting off a few of his music belongings in two separate offers … one with Shamrock Holdings, and one other with Universal Music Group … in line with Billboard.
The potential Shamrock deal appears to be like like this … Dre sells his artist royalties from two of his solo albums — his share of N.W.A artist royalties, plus his producer royalties and the author’s share of the music the place he does not personal publishing rights.
The potential cope with UMG is a bit totally different … Dre sells the grasp recording of his first solo album, “The Chronic,” plus his share of some Kendrick Lamar music.
Dre’s not promoting all of his music … Billboard characterizes these transactions as principally “passive revenue streams” that generate about $10 million yearly … and he is NOT promoting his possession stake in his document label, Aftermath.
Sources near Dr. Dre inform TMZ … the precise promoting value is definitely tens of hundreds of thousands of {dollars} larger than the $200 million determine Billboard is reporting.
Congrats, Dre. 💸
