Hate Nickelback all you want. They’re officially one of the best-selling bands of all time.
Nickelback isn’t a rock band anymore. They’re punching bags. But they’re also very rich punching bags.
According to details just shared with DMN, Nickelback has just inked a massive, multi-year, multi-million dollar publishing and recording contract with BMG. Previously, the band was signed with Republic Records, part of Universal Music Group.
As part of the announcement, BMG trotted out some interested statistics. According to BMG stats, Nickelback is the eleventh best-selling musical act of all time. They’re also the second best-selling ‘foreign’ group in the US, behind only the Beatles.
Since the group debuted in 1995, they’ve sold 50 million albums. For those wondering, they’re not even close to beating the Beatles record. The RIAA has certified 178 million album sales by the group, which also makes them the best-selling group in the US, period.
But 50 million is pretty huge. And despite the endless jabbing, there are also millions of people who like them (and pay millions to experience them).
Accordingly, the band is releasing a brand new album on February 1st. BMG will be releasing the album.
The latest deal represents just one basket of royalty streams. The band is separately signing lucrative deals related to live concerts, not to mention ancillary earners like merchandise. And that’s where all the real money is made.
According to Nickelback, the band has played 11 completely sold out international tours. In total, 8 million people have purchased a ticket to one of their concerts.
Hate: it does a bank account good.