Episode Details

Red Hot Chili Peppers sold their entire music catalog to Warner Music Group for over $300 million, following a wave of catalog sell-offs by artists like Bob Dylan and Bruce Springsteen. This deal includes their thirteen studio albums, which generate around $26 million annually. Warner, who originally released some of their biggest records, is the ideal buyer. Meanwhile, artists like Taylor Swift and Dua Lipa are buying back their own catalogs. On the publishing side, Sony Music is considering a takeover of Recognition Music Group, formerly Hipgnosis, in a multi-billion dollar deal. The bands last albums were released in 2022, maintaining their streaming revenue.

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