ZZ Top Sell Their Catalog To BMG And KKR

According to Variety, ZZ Top have sold their catalog to BMG and KKR for about $50 million. The deal “includes a buyout of the band’s publishing catalogue and their income from recorded royalties and performance royalties.”

ZZ Top manager Carl Stubner (Shelter Music Group) commented:

“We are proud to continue working with and expand our long-standing relationship with BMG. This new deal ensures ZZ Top’s remarkable legacy will endure for generations to come.”

BMG CEO Hartwig Masuch continued:

“This deal is a testament to the success, staying power and continuing musical relevance of ZZ Top, but also to the power of our partnership with KKR. This agreement furthers our vision of providing artists and songwriters not just a financial exit, but also a vehicle committed to respecting and treasuring their artistry.”

Jenny Box, Partner at KKR, added:

“We are excited to invest in ZZ Top’s iconic music and we look forward to collaborating with BMG and ZZ Top to further amplify the reach of their catalogue.”

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