Dr. Dre is nearing a deal to sell a collection of music assets to Universal and Shamrock Holdings for at least $200 million, marking yet another major music sale and one of the highest profile hip-hop music asset deals to date.
Dr. Dre is one of the best-selling musicians of all time, both as a member of N.W.A and solo artist as well as a celebrated producer for swaths of hip-hop artists including Eminem, Snoop Dogg, 2pac and 50 Cent. UMG, the world’s largest record company, has an extensive history with Dre as the owner of Interscope, which distributes Dre’s Aftermath label.
Shamrock, the Roy Disney estate-owned investment firm,Dre is one of many recording artists, producers and songwriters who’ve sold rights to their music over the past several years.
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