Slipknot are reportedly in talks to promote their whole again catalogue for $120 million.
Slipknot are reportedly on the verge of touchdown hundreds of thousands for his or her music catalogue
In keeping with a scoop from Billboard Professional, the masked metallic titans are on the verge of sealing a high-stakes cope with HarbourView Fairness Companions.
Stated to be within the last levels, it will see Corey Taylor’s band hand over possession rights to each their publishing and grasp recording royalties for all of their releases since their self-titled 1999 debut. Nevertheless, it is reported that any new music would not be a part of the sale.
Slipknot’s hits embody Wait and Bleed, Duality, and Psychosocial.
It comes after the group left their long-time label, Roadrunner Data, in 2022.
Slipknot’s final studio album was 2022’s The Finish, So Far.
Whereas the band have but to remark publicly, the transfer follows a rising pattern of artists cashing in on their musical archives.
Simply final month, Kelly Clarkson bought a portion of her music catalogue to the identical funding firm.
The 43-year-old pop star determined to promote a few of her most acclaimed and recognisable hits, together with Since U Been Gone, Due to You, Stronger (What Doesn’t Kill You), and Behind These Hazel Eyes, to HarbourView Fairness Companions.
Kelly mentioned in a press release: “My music is such an enormous a part of my journey – not simply professionally, however personally. Figuring out these songs will proceed to be heard and found by new generations means all the things to me. I’m grateful to HarbourView for valuing and supporting this catalogue the best way they do.”
The likes of Queen, KISS, Pink Floyd, Stevie Nicks, Bob Dylan, and Neil Younger have additionally landed mega-bucks for his or her songs.