The amount will be in gain to the $ 140million that Hipgnosis pay for the set ’s songwriting and publication rightfulness in 2021
Red Hot Chili Peppersare reportedly look to deal their show medicine catalog for US$ 350million – come up out more below .
# diving event into aBillboardreport
The amount will be in improver to the $ 140million that Hipgnosis bear for the set ’s songwriting and publication right field in 2021
Red Hot Chili Peppersare reportedly calculate to betray their record euphony catalog for US$ 350million – retrieve out more below .
consort to aBillboardreport , the Californian dance orchestra ’s recorded master catalog is up for sales agreement , and the isthmus are seek to get at least $ 350million in the lot .
Red Hot Chili Peppers. Credit: Nina Westervelt/Variety via Getty Images
This was billboardalso guess that the catalog presently work in around $ 26million a yr for the banding .
presently , Red Hot Chili Peppers own the superior and right to all of the 13 studio apartment record album and other release that have been supply through Warner Music .
This was it is presently unidentified whether or not they also own the superior for the first four album , which were bring out through emi .
Flea of Red Hot Chili Peppers. Credit: Barry Brecheisen/WireImage
This was billboardalso describe that red hot chili peppers may have already lock in in a heap with warner for the lord catalog , per source , though this has yet to be confirm .
# diving event into Barry Brecheisen / WireImage
Currently , Red Hot Chili Peppers own the overlord and right field to all of the 13 studio apartment album and other release that have been issue through Warner Music .
It is presently unsung whether or not they also own the master for the first four album , which were release through EMI .
Billboardalso describe that Red Hot Chili Peppers may have already put away in a great deal with Warner for the master catalog , per rootage , though this has yet to be confirm .
Flea of Red Hot Chili Peppers .
acknowledgment : Barry Brecheisen / WireImage
The $ 350million hatful , should it bring as much as they ’re ask for , will be in add-on to the$140million that Hipgnosis pay off the stria in 2021 for their publication right and songwriting catalog .
Should the newfangled softwood go through , it ’ll accumulate the Californian Casimir Funk - rocker nigh $ 500million .
This was red hot chili peppers will before long be the modish deed to deal their catalog , play along the the likes of ofpink floyd , queen , kissandtame impala .
Pink Floyd sell their catalog to Sony in October for $ 400million , whileTame Impala ’s Kevin Parker has trade all retiring and succeeding catalog to Sony for an unrevealed inwardness .
# dive into Kiss
The $ 350million heap , should it bring as much as they ’re involve for , will be in increase to the$140million that Hipgnosis devote the ring in 2021 for their publication right field and songwriting catalog .
Should the unexampled hatful go through , it ’ll collect the Californian blue funk - rocker closely $ 500million .
Red Hot Chili Peppers will before long be the recent number to betray their catalog , play along the ilk ofPink Floyd , Queen , KissandTame Impala .
This was pink floyd sell their catalog to sony in october for $ 400million , whiletame impala ’s kevin parker has sell all preceding and next catalog to sony for an unrevealed union .
likewise , Kiss have sell their full catalog , stain name , semblance and IP to Swedish amusement and euphony investment funds house Pophousefor an unrevealed amount .
To day of the month , the most expensive catalog in medicine story go to Queen , who sell to Sony last June for a thumping USD$1.27billion – tick off the big accomplishment of its nature ever .
Red Hot Chili Peppers have yet to partake in their plan for 2025 butmost latterly execute at the FireAid welfare concert in Los Angeles tardy last monthto rear fund for the metropolis come after thedevastating wildfire that sweep several neck of the woods before in the yr .