American rock band ZZ Top have sold their entire back catalogue and publishing rights to BMG for an undisclosed fee.
The Gimme All Your Loving hitmakers, who have sold more than 50 million albums, have offloaded all their assets to music company BMG and investment firm KKR.
ZZ Top’s manager Carl Stubner said in a statement: “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.”
So far this year, BMG have acquired the rights to the back catalogues of Mick Fleetwood, Tina Turner and Mötley Crüe.
Bruce Springsteen also recently sold his back catalogue to Sony Music for a massive $500 million. Read more this story here.
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