catalog-acquisitions

consequenceofsound.net

Warner Music Group Buys Red Hot Chili Peppers' Recorded Catalog for More Than $300 Million

The band sold its recorded music rights through Warner Music Group's joint venture with Bain Capital. The deal, long rumored, accounts for nearly half the venture's catalog spending to date. It follows the group's 2021 sale of its publishing catalog and comes as Sony Music Group…

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