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Dire Straits called it quits as a band in 1995. But in 2019, the back-catalog of the British rock band is reeling in more money than ever — thanks to an investment scheme that may help take the oft-in-turmoil music industry into a smooth financial future.

The band’s longtime manager, Ed Bicknell, took a gamble last year by selling his share of Dire Straits’ royalties through Royalty Exchange, an online marketplace that lets investors buy chunks of music royalties. Royalty Exchange’s premise is similar to the Bowie bonds of the Nineties,...

As Mark Knopfler proved this year by not even showing up when his band was inducted into the Rock and Roll Hall of Fame, Dire Straits are never, ever getting back together. However, that’s not stopping past members, including keyboardist Alan Clark, percussionist Danny Cummings, saxophonist Mel Collins and guitarist Phil Palmer, from hitting the road in late September for a tour under the banner Dsl Dire Straits Legacy. The group will be joined by Heartbreakers drummer Steve Ferrone and the Buggles’ Trevor Horn on bass along with Marco...

The 33rd annual Rock and Roll Hall of Fame induction ceremony treated the audience at Cleveland’s Public Auditorium to a reunited Bon Jovi, a hilarious induction speech by presenter Howard Stern, and touching tributes to Tom Petty and Chris Cornell.

The April 14 event kicked off with The Killers, who honored Petty with a cover of “American Girl.” Singer Brandon Flowers also nodded to a bit of “Free Falling” during the performance. It was followed by Stern’s introduction of Bon Jovi. The SiriusXM radio host, and self-anointed “King of All Media,” commented: “It took years of pondering to decide that this glorious band that sold 130 million albums [should be let] in.

Jon Bon Jovi’s twenty minute long speech was a gracious nod to the history of the band, with generous mentions of people along the way who paved the way to the Rock Hall honors.

“I’ve been writing a speech...