Slipknot in advanced talks for $120 million sale of full music catalogue

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Slipknot is reportedly in discussions to sell their full back catalogue for $120 million.

Billboard Pro reports that the masked metal icons are close to finalizing a major deal with HarbourView Equity Partners.

If completed, the agreement would see Corey Taylor’s band hand over both their publishing and master recording royalties for every release since their self-titled 1999 debut album. However, the deal would not include any upcoming music.

Over the years, Slipknot have delivered some of metal’s most iconic songs, including Wait and BleedDuality, and Psychosocial.

The news comes after the band parted ways with their longtime label, Roadrunner Records, back in 2022. Their most recent studio project was The End, So Far, which also arrived in 2022.

Though the group hasn’t commented publicly on the potential sale, the move mirrors a trend among major artists choosing to cash out on their music rights.

Just last month, Kelly Clarkson struck a similar deal with HarbourView Equity Partners, selling a portion of her catalogue that included defining hits such as Since U Been GoneBecause of YouStronger (What Doesn’t Kill You), and Behind These Hazel Eyes.

In a statement, Kelly reflected on the personal weight of the decision: "My music is such a huge part of my journey – not just professionally, but personally. Knowing these songs will continue to be heard and discovered by new generations means everything to me. I’m grateful to HarbourView for valuing and supporting this catalogue the way they do."

Other legendary names such as Queen, KISS, Pink Floyd, Stevie Nicks, Bob Dylan, and Neil Young have also made multi-million-dollar catalogue sales in recent years, solidifying the booming market for music rights.

 

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Red Hot Chili Peppers Land Over $300 Million From Catalog Sale

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The Red Hot Chili Peppers have reportedly sold their recorded music catalog to Warner Music Group in a massive deal valued at more than $300 million.

The agreement arrives five years after the legendary rock band sold their publishing rights in a separate deal worth around $150 million. According to reports from The Hollywood Reporter and Billboard, the band’s recorded catalog, which includes 13 studio albums and nine releases distributed through Warner Music Group, was officially acquired on Friday for more than double the amount of the earlier publishing sale.

The acquisition is said to be part of a much larger partnership between Warner Music Group and Bain Capital. Together, the companies have reportedly spent around $650 million acquiring music and publishing assets, with the Red Hot Chili Peppers catalog making up nearly half of that total. Details regarding the remaining acquisitions have not yet been disclosed.

Back in May 2021, the Red Hot Chili Peppers sold their publishing rights to Hipgnosis Songs Fund for approximately $150 million. However, according to The Hollywood Reporter, those rights could soon change hands again as Hipgnosis, now operating under the name Recognition Music Group, is currently being acquired by Sony Music as part of another multi billion dollar transaction.

The band’s recorded catalog had reportedly been available on the market since last year with an asking price close to $350 million. Warner Music Group was widely viewed as the most natural buyer considering the label has worked with the band since the release of 1991’s Blood Sugar Sex Magik. Before joining Warner, the group’s first four albums were released through EMI.

Financially, the catalog remains extremely valuable, reportedly generating around $26 million in annual revenue. Ownership of the recordings had remained with the band prior to this latest agreement.

The Red Hot Chili Peppers most recently released Unlimited Love and its companion album Return of the Dream Canteen in 2022. At the time of reporting, neither the band nor Warner Music Group had publicly commented on the catalog acquisition.

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