Artists selling off their music catalogs...
I did a blog in December about Bob Dylan selling his catalog for $300 million. Today I see the Red Hot Chili Peppers reportedly sold their music catalog to the tune of $140 million.A new name came on my radar... Hipgnosis Songs Fund.
I need to research them as it appears they are a company who buys and sells music catalogs. Interesting!
Comments (6)
Hopefully attorneys who are in the business are savvy to these kinds of negotiations.
Walking away an unable to sing a medley of your greatest hits could have it's consequences. But, we're talking millions.
Story today: Kiss sells catalog
Reported that KISS sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million.
Story link: