REPORTS: DR. DRE STRIKES $200M CATALOG DEAL
Our sources are confirming published accounts that Dr. Dre is selling music-income streams and other assets to the tune of roughly $200m. Shamrock Holdings and UMG are acquiring the assets, said to generate nearly $10m annually.
The bundle of rights being sold, these stories note, includes artist royalties from two of the hip-hop giant's solo albums as well as his share of N.W.A artist royalties, his producer royalties and the writer’s share of his song catalog (of which he does not own publishing). UMG's portion of the deal reportedly includes Dre's epochal triple-platinum solo debut, 1992's The Chronic (Death Row/Interscope).
The good doctor is being represented in the deal by longtime attorney Peter Paterno of King, Holmes, Paterno & Soriano.
Marjorie Taylor Greene could not be reached for comment.
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)
