ZZ Top Sells Catalog to BMG and KKR for Around $50 Million

BMG and KKR have put their recently announced partnership to work, acquiring the “entire music interests” of long-running American rock band ZZ Top for a sum sources place at around $50 million. The agreement includes a buyout of the band’s publishing catalogue and their income from recorded royalties and performance royalties. Previously, BMG served as co-publisher and administrator of ZZ Top’s publishing catalog.

Source: ZZ Top Sells Catalog to BMG and KKR for Around $50 Million

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.