Pink Sizzling Chili Peppers want to unload their recorded music catalog for roughly $350 million, based on a brand new report from Billboard. The deal can be along with the roughly $140 million that Hipgnosis Songs already paid the band for the publishing rights to their music in 2021.
In response to Billboard, Pink Sizzling Chili Peppers personal the rights to all 13 studio albums and different releases issued through Warner Music, though it isn’t identified whether or not they personal their first 4 albums, which have been launched by EMI.
The band is buying its recordings for about $350 million, with Billboard estimating that the catalog brings in roughly $26 million yearly. In truth, sources inform Billboard that the Chili Peppers might have already struck a take care of Warner Music Group, though that has not been confirmed.
Along with the $140 million the band already secured from Hipgnosis, the Chili Peppers are taking a look at a complete of almost $500 million for all of their music property.
By comparability, Bruce Springsteen offered his catalog to Sony Music in 2021 for $500 million, whereas Pink Floyd not too long ago took house $400 million from Sony Music. In the meantime, the richest deal for a music catalog seems to be the $1.27 billion that Sony paid to Queen in 2024.
Pink Sizzling Chili Peppers don’t have any tour dates scheduled in 2025 as of but, though they not too long ago performed the FireAid profit live performance on January thirtieth, performing a “California”-themed set on the Kia Discussion board in Los Angeles.
