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 โฆ and weโre advised the value tag is nicely over $200 million.
The music mogul is near promoting off a few of his music belongings in two separate offers โฆ one with Shamrock Holdings, and one other with Universal Music Group โฆ in accordance with Billboard.
The attainable Shamrock deal appears to be like like this โฆ Dre sells his artist royalties from two of his solo albums โ his share of N.W.A artist royalties, plus his producer royalties and the authorโs share of the music the place he does not personal publishing rights.
The potential cope with UMG is a little bit completely different โฆ Dre sells the grasp recording of his first solo album, โThe Chronic,โ plus his share of some Kendrick Lamar music.
Dreโs not promoting all of his music โฆ Billboard characterizes these transactions as largely โpassive income streamsโ that generate about $10 million yearly โฆ and he is NOT promoting his possession stake in his document label, Aftermath.
Sources near Dr. Dre inform TMZ โฆ the precise promoting value is definitely tens of hundreds of thousands of {dollars} greater than the $200 million determine Billboard is reporting.
Congrats, Dre. ๐ธ
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