Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
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Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#2That honestly sounds like a good deal for the buyer at first blush but can’t say I’m an expert here
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#3I'm surprised the number is this low! Queen sold their catalogue for $1.27bn and while RHCP are clearly not on their scale I thought they were pretty high up there, especially given how long they've been active.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#4Relatively small amount compared to the billions we see thrown around for AI startups a couple of years old.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#5I'm surprised the number is this low! Queen sold their catalogue for $1.27bn and while RHCP are clearly not on their scale I thought they were pretty high up there, especially given how long they've been active.
All subjective and all that. But I feel like 300M vs. 1.27B is exactly where I would have personally pinned their ratio difference.
To roughly frame it: if we made another golden record, I wouldn’t be surprised if it had 4 Queen songs and 1 RHCP song.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#6Hard to tell what the value of music will be in 5 years
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#7This is one of the reasons we can't have proper soundtracks in video games or non AAA TV shows anymore or re-releases of old TV-shows anymore.
I just feel bad for all the pension fonds backing this Bain Capital PE joint venture who will have an off chance of making back their investments with the current state of IP and AI trends.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#8Music and streaming is severely under attack from an effort/commercial viability perspective given tools like Suno[1]
Not exactly saying this is the reason for their sell, but I'd imagine a lot of professional musicians are feeling the desire to exit the industry.
[1] https://www.npr.org/2026/05/02/nx-s1-5804489/music-listeners...
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#9Give it away, give it away, give it away now
Give it away, give it away, give it away now
Give it away, give it away, give it away now
I can't tell, if I'm a king pin or a pauper
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#10Every credit card rewards program will "give it away now" from now on