BMG buys Mötley Crüe’s catalog of recordings for around $ 90 million

BMG is raising the temperature in the already fierce catalog acquisition market.

After acquiring a series of rights from Tina Turner last month, the company announced today (November 30) that it has acquired the entire catalog of recordings from Mötley Crüe.

BMG did not set a price on the latest deal, but the Bertelsmann-owned company says the Mötley Crüe buyout is its “largest single catalog acquisition” since its inception in 2008.

The wording is significant: MBW understands that the deal with Mötley Crüe is smaller than the biggest contract ever with BMG. business acquisition, BBR Music Group, which it bought for US $ 103 million in 2017.

As such, our sources say, the acquisition of Mötley Crüe lands firmly in the eight-figure region (i.e. somewhere around $ 90 million), but has not broken the mark. $ 100 million.

BMG bought out Mötley Crüe with its own capital, rather than building on its more than $ 1 billion alliance with KKR, which was announced earlier this year.

This is BMG’s third large-scale acquisition this year, following Turner’s deal and the takeover of Mick Fleetwood’s recorded music royalty stream in January.

The Mötley Crüe deal includes the band’s entire recorded production spanning their 40-year career, totaling nine studio albums since their debut in 1981. Too fast for love until 2008 Los Angeles Saints, as well as several live albums and Platinum compilations.

The deal comes two years after the successful Netflix biopic Mötley Crüe, Dirtiness, has been freed.

In a statement, Mötley Crüe said: “It’s amazing to collaborate with our new partners at BMG. Their track record of success in rock made them the perfect home to continue to preserve and develop our musical heritage, ensuring that we always stay on top.

Allen Kovac, Director of Mötley Crüe, said: “After working alongside BMG for over a decade, the relationship we have developed and the success we have achieved over the years have made this transition very easy to entrust to this precious Rock catalog. . Working with BMG in any capacity, be it publishing or records, has always been a great experience.

BMG CEO Hartwig Masuch said: “This is more than just a big deal. This is a new chapter for an extraordinary catalog. Few bands understand the myth and magic of Rock like Mötley Crüe.

“In an increasingly competitive rights acquisition market, artists need to be confident that a buyer will do the right thing with their work. I am delighted that Mötley Crüe has decided that BMG will be the best keeper of his musical career.

Hartwig Masuch, BMG in 2019

“In an increasingly competitive rights acquisition market, artists need to be confident that a buyer will do the right thing with their work. I am delighted that Mötley Crüe has decided that BMG will be the best keeper of his musical career.

Hartwig Masuch, BMG

In June 2022, Mötley Crüe will kick off their previously postponed 30-plus tour (due to the COVID-19 pandemic), marking the band’s return to the stage for their first big concert since 2015.

Working closely with the group and its leadership, BMG’s Global Catalog team will embark on a plan to re-promote the group’s work from 2022.

Michael Kachko, SVP of BMG Los Angeles, Catalog Recordings, said: “Mötley Crüe is part of the pantheon of rock legends, the band’s legacy is great and their fans are greedy. You can be sure that we will give all the respect and love to the music for which BMG is known to provide current and future fans with the best possible experience.

Thomas Scherer, president of BMG, Directory and Marketing, New York and Los Angeles, said: “With expert management at the helm, Mötley Crüe has a long history of owning his own recordings. It is an honor and a privilege for BMG to be entrusted with this catalog. They perfectly match our global digital and physical rock expertise. “

Together, Mötley Crüe has sold over 100 million albums worldwide with seven Platinum and Multi-Platinum albums, nine Top 10 albums, 22 Top 40 Mainstream Rock hits, six Top 20 Pop singles, three Grammy nominations, one best -seller of the New York Times, and a star on the Hollywood Walk of Fame.

The catalog includes 6x Platinum Certified Dr. Feelgood (“Kickstart My Heart”, “Dr. Feelgood”), 4x Platinum Certified Shout At The Devil (“Shout At The Devil”, “Looks That Kill”), Girls, Girls, Girls (‘Wild Side’; ‘Girls, Girls, Girls’), and Theater of Pain (Smokin’ In The Boys Room ‘,’ Home Sweet Home ‘), the Too Fast For Love (‘ Live Wire) certified Platinum ‘,’ Take Me To The Top ‘), as well as the 2x Decade of Decadence ’81 -’91 (‘ Primal Scream ‘) certified Platinum and Greatest Hits certified Platinum collections.

Mötley Crüe and manager Allen Kovac and Chris Nilsson of 10th Street Entertainment were advised in the transaction by Tim Mandelbaum, Cynthia Katz and the Fox Rothschild law firm.Music trade around the world


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