Motley Crue Reveal Stunning Money They Made In Royalties

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Motley Crue manager Allen Kovac revealed in a new Forbes interview that he kept the band together with yearly shareholder meetings with proper votes and minutes.

“We traded a contractual advance. Sylvia Rhone at Elektra had not wanted to pay so we made a deal: ‘Give us $2 million, keep $10 million and Mötley will own their masters and copyrights.’ So this band earned $150 million dollars and dropped $10 million for $140 million total. Only in the music industry could this happen!”

Nikki Sixx added, “It has to be the responsivity of the artist to run the business like a business. You can sit in a room with a pizza box and make really great rock or whatever, but to operate it you need to have really clear vision so you don’t run out of money and then have to do things that are below the bar. Try to keep raising the bar instead. If you have financial security, you can tour when it’s the right time to tour and you can do things that are right at the right point. And who is that for it is for? It is always for the fans.”

Motley Crue’s new biopic The Dirt will be released on Netflix later this month.

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Brett Buchanan
Brett previously hosted the BWR wrestling and MMA podcast, interviewing pro wrestling and MMA stars like Kurt Angle, Seth Rollins, Quinton "Rampage" Jackson, Bruce Buffer, AJ Styles, Rob Van Dam, Jeff Hardy, Edge, and DDP. After ending BWR, Brett opened GrungeReport.net in May 2009. The site changed its name to AlternativeNation.net in June 2013.  Brett ran Scott Weiland's social media accounts for his final 'Master Blaster' tour in fall 2015 and continued to run the accounts after Weiland's death until July 2016. On Alternative Nation, Brett controls all aspects of the website and reports the day to day news.  He has interviewed members of Pearl Jam, Foo Fighters, Nirvana, Smashing Pumpkins, Soundgarden, Imagine Dragons, Nine Inch Nails, Queens of the Stone Age, Stone Temple Pilots, and The Smiths. Brett has been interviewed by The Wall Street Journal and on the Reelz Channel. You can reach Brett at contact @alternativenation.net