The Grammy-winning producer was making nearly $10 million a year from the assets of his catalog.
Dr. Dre is selling off assets of his music catalog to Universal Music and Shamrock Holdings. The deal reportedly could be worth as much as $250 million.
Universal Music will receive the remaining 10% to 25% of Dre’s catalog assets. This includes his share of an Aftermath/Interscope joint venture with Top Dawg Entertainment and Kendrick Lamar’s recordings under that deal and the master recording of his solo debut, “The Chronic.”
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