Dr. Dre To Sell Partial Music Catalog For More Than $200 Million: Report

Dr. Dre — reportedly worth an estimated $820 million — might soon inch closer to becoming a bonafide billionaire. The pioneering N.W.A. rapper and self-made entertainment mogul is selling an assortment of music income streams and other assets to Shamrock Holdings and Universal Music Group (UMG) in deals totaling between $200 and $250 million, sources told Variety. Advertisement Billboard first reported the news as rumors have swirled about the deals for several weeks. The assets being sold include royalties from two of Dre’s solo albums, his share of N.W.A. royalties, the writer’s share of his song catalog and his producer… Read Full Article