Red Hot Chili Peppers reportedly seeking $350million for recorded music catalogue
Red Hot Chili Peppers are reportedly looking to sell their recorded music catalogue for US$350million – find out more below. READ MORE: On the cover – Red Hot Chili Peppers: “We feel fresh, like a new band” According to a Billboard report, the Californian band’s recorded masters catalogue is up for sale, and the band are seeking to get at least $350million in the deal. Billboard also estimates that the catalogue currently brings in around $26million a year for the band. Advertisement Currently, Red Hot Chili Peppers own the masters and rights to all of the 13 studio albums and other releases that have been issued through Warner Music. It is currently unknown whether or not they also own the masters for the first four albums, which were released through EMI. Billboard also reports that Red Hot Chili Peppers may have already locked in a deal with Warner for the masters catalogue, per sources, though this has yet to be confirmed. Flea of Red Hot Chili Peppers. Credit: Barry Brecheisen/WireImage The $350million deal, should it fetch as much as they’re asking for, will be in addition to the $140million that Hipgnosis paid the band in 2021 for their publishing rights and… Read More →





















