Here’s a bit of news that will almost certainly make the members of Mötley Crüe feelgood: the Los Angeles metallers have sold their entire recorded catalog to the global music company BMG.
The sale includes all of the Crüe’s nine studio albums, as well as various live records and compilations.
“It feels amazing to be collaborating with our new partners at BMG,” the band members say in a collective statement. “Their extensive track record of success in rock made them the perfect home to continue preserving and growing our musical legacy, ensuring we always stay at The Top.”
The exact financial terms of the agreement were not officially announced, only that it’s the “largest single catalog acquisition” in BMG’s 13-year history. According to Variety, the deal is worth around $150 million, though the trade also notes that “other sources cited a significantly lower number.”
Mötley Crüe is set to launch the band’s long-awaited reunion tour in June 2022. The trek was originally scheduled for 2020 but has been postponed multiple times due to the COVID-19 pandemic.
Copyright © 2021, ABC Audio. All rights reserved.