Dr. Dre Selling Music Assets for $200+ Million

Celebrated rapper and producer Dr. Dre announced in January of 2023 that he intends to sell a portion of his music catalog in two separate deals, valued at a total of over $200 million. The assets involved in the deal include a portion of streaming income, artist royalties for two of his solo albums, his share of artist royalties from his time as a member of iconic rap group NWA, as well as producer and songwriter royalties.

Somewhere between 75 and 90% of the package will be acquired Shamrock Capital, and the remainder by Universal Music Group. Shamrock is a quiet LA-based investment firm with a focus in the media and entertainment industries. UMG, on the other hand, is an international music giant. As the total package of assets nets an income of over $10 million annually, both companies stand to benefit greatly.

Dr. Dre has withstood the test of time, beginning with his debut album The Chronic in 1992 and continuing today with his upcoming collaboration with Snoop Dogg for Snoop's new album, Missionary. He continues to remain relevant for his current production work, while also holding icon status for his repertoire as an artist.

It can take years, and sometimes decades, before an investment firm sees a return on their investment in a music asset, but with the help of Symphony Markets, large investment firms that own music assets can capitalize on the vast and longstanding fanbases of artists like as Dr. Dre. Symphony serves as a marketplace between private owners and the public, where any music lover can invest in a piece of their favorite artist or producer's musical assets.

At Symphony, we're partnering with these rights holders and allowing the public to get a piece of the action. Check out Dr. Dre's current asset price here