Photo courtesy of: - Blabbermouth
LOS ANGELES, CA. - Nickelback recently revealed that they sold 80 percent of their music catalog a few years ago.
In recent comments regarding the music industry trend of artists selling off their publishing and recording rights, bassist Mike Kroeger shared that the band finalized a major deal after going through a unique evaluation process. Kroeger described the experience of placing a specific monetary value on the band's decades of musical work as both unusual and fascinating.
While he did not disclose the exact final financial amount of the transaction, he noted that the band secured a strong business partner and remains highly satisfied with the outcome of the deal. He also commented on the strange feeling of watching such a massive financial transfer take place, comparing the unique experience to the surreal feeling of walking out onto a stage in front of a sold-out arena.
The catalog sale comes at a time of high commercial success and active production for the rock group. Nickelback has sold nearly 60 million albums globally and maintains billions of digital streams alongside a massive monthly online listening audience. Their continued popularity across generations was recently highlighted by a successful Netflix documentary about the band's history and a record-breaking world tour.
Looking forward, the band is preparing to launch a new studio album titled Everything Under The Sun, which is scheduled for release on October 30. The upcoming record represents their first full-length studio release since 2022. The album's lead single, Rattle The Cage, is already generating attention among rock fans and features a guest appearance by Mötley Crüe guitarist John 5.
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