BMG and KKR have acquired all of ZZ Top’s music interests, including the band’s publishing catalog and recorded music royalties.
“This deal is a testament to the success, staying power and continuing musical relevance of ZZ Top, but also to the power of our partnership with KKR,” BMG CEO Hartwig Masuch said in a statement. “This agreement furthers our vision of providing artists and songwriters not just a financial exit, but also a vehicle committed to respecting and treasuring their artistry.”
; while in the same month BMG on its own acquired Tina Turner’s music interests including her recorded master royalties, the writer’s share of songs she wrote or co-wrote and neighboring rights.
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