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Dr. Dre’s Music Assets to Be Acquired by Universal Music Group for Over $200M

UMG would retain rights to the master recording of The Chronic and more.

La-da-da-da-da, it looks like the next episode in Dr. Dreโ€™s musical career will see him letting go of his musical assets in a huge deal with Universal Music Group and Shamrock Holdings. Iโ€™ll explain.

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According to Variety, The Chronic rapper is set to be nearing the close of a deal between the two companies, which will see him selling the rights to his musical assets to the tune of over $200 million. Once the ink dries, the agreement is expected to include โ€œtwo of his solo albums and his share of N.W.A. artist royalties; his producer royalties; and the writerโ€™s share of his song catalog where he doesnโ€™t own publishing, which may include songs from his 1993 blockbuster album The Chronic.โ€

UMG, specifically, would retain rights to the master recording of The Chronic; Dr. Dreโ€™s share of an Aftermath/Interscope joint venture with Kendrick Lamarโ€™s Top Dawg Entertainment label and releases through that deal; and other assets.

An entity acquiring rights and using Dr. Dreโ€™s music via mutually agreed upon conditions is in stark contrast to a recent unfortunate ordeal between the โ€œNuthinโ€™ But a โ€˜Gโ€™ Thangโ€ rapper and Rep. Marjorie Taylor Greene. As previously reported by The Root, when Greene posted a video on Twitter of her walking to the house floor on Monday using the classic โ€œStill D.R.E.โ€ as background music, Dre and his legal team immediately took action.

And by โ€œtook action,โ€ I mean Dre and his legal team sent a demand letter to Twitter and its new owner Elon Musk to get them to take the video down. They also subsequently sent a letter to Greene herself demanding that she cease and desist from using any of Dreโ€™s music, writing in one part: โ€œOne might expect that, as a member of Congress, you would have a passing familiarity with the laws of our county. Itโ€™s possible, though, that laws governing intellectual property are a little too arcane and insufficiently populist for you to really have spent much time on.โ€

Straight From The Root

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