ZZ Top Sells Catalog to BMG and KKR

BMG and KKR have put their recently announced partnership to work, acquiring the “entire music interests” of long-running American rock band ZZ Top. The agreement includes a buyout of the band’s publishing catalogue and their income from recorded royalties and performance royalties. Previously, BMG served as co-publisher and administrator of ZZ Top’s publishing catalog. The band has sold more than 50 million albums worldwide and has earned four gold, three platinum and three multi-platinum albums; in 2004, they were inducted into the Rock & Roll Hall of Fame.

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