Dr. Dre is going to make over $200 million by selling some of his catalog.
Dre is selling a share of music his income streams and other assets to Shamrock Holdings and Universal Music Group. The deals, which were shopped for a combined $250 million. The assets, may include tracks from "The Chronic." UMG’s portion includes Dre’s share of Kendrick Lamar’s releases on Aftermath and Top Dawg Entertainment, and some publishing. The bundle doesn’t, include his ownership stake in Aftermath.
Dre is working on a new album called Missionary, with Snoop Dogg, which will be the spiritual successor to Snoop’s Doggystyle.
“I’ma tell you this, you’re the first one to hear this: me and Dr. Dre have been working on an album for the past two months,” Snoop said. “It’ll be done in November. It’s produced by Dr. Dre, it’s our 30th anniversary to Doggystyle.”