The band Motley Crue has sold their full catalog for $150 million to BMG.
Insiders told Variety on Tuesday that the deal was in the $150 million range, while separate sources told the outlet that the sum was 'significantly lower.'
The outlet reported that 'there was a wide discrepancy' in the totals being reported, with speculation that the band was being paid in installments, with a chunk to arrive after it finishes its North American stadium tour, which is slated for next June.
The band Motley Crue, consisting of (L-R) lead singer Vince Neil, 60, bassist Nikki Sixx, 62, guitarist Mick Mars, 70, and drummer Tommy Lee, 59, has sold their full catalog for $150 million to BMG. The group was snapped in LA in 2019
Other notable bands on the tour slate include Def Leppard, Poison and Joan Jett and the Blackhearts.
BMG's purchase spans the 40-year history of the band, which has sold more than 100 million albums internationally and garnered three Grammy nominations.
Motley Crue had its debut studio album with 1981's Too Fast for Love, as well as megahits such as 1985's Theatre of Pain, 1987's Girls, Girls, Girls and 1989's Dr.