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Red Hot Chili Peppers Sells Music Catalog to Warner Music Group for Over $300 Million
The rock band sold its recorded music catalog to Warner Music Group in a transaction valued at more than $300 million. The deal forms approximately half of a $650 million joint venture catalog acquisition with Bain Capital. The band has not confirmed the reported sale.
May 8, 6:06 PM·1m read2 sources
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Red Hot Chili Peppers has sold its music catalog to Warner Music Group for more than $300 million, according to a report published Friday. Sources familiar with the situation told The Hollywood Reporter that the transaction comprises about half the value of a $650 million joint venture catalog acquisition involving Bain Capital.
The nature of the remainder of the investment was not disclosed. Neither Warner Music Group nor representatives for the band have publicly confirmed the reports.
The band formed in the early 1980s.
" Red Hot Chili Peppers was inducted into the Rock and Roll Hall of Fame in 2012 and remains one of the biggest touring acts in music. Recognition owns publishing rights for several other major artists. Rumors that the band was shopping its recorded rights began circulating in February 2025.
Music Business Worldwide predicted in early 2026 that Red Hot Chili Peppers was possibly the focus of discussions, according to The Hollywood Reporter.
