11–20 of 128 posts
That honestly sounds like a good deal for the buyer at first blush but can’t say I’m an expert here
I'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.
I'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.
It always makes me a bit sad that everyone knows RHCP but less so their early stuff. Blood sugar sex magik is a funk masterpiece. Didn’t help that for years Spotify used the singles versions of the tracks so the levels were all over the place and it was basically unstreamable.
> Rumours of the Chilis selling their catalogue first arose last year, with sources telling Billboard that the rockers were allegedly seeking around $350 million. Now, The Hollywood Reporter reports[1] that the band has finally made a deal with Warner Music Group, with the label paying over $300 million for all of the band’s master recordings.
[1] https://www.hollywoodreporter.com/music/music-industry-news/...
Relatively small amount compared to the billions we see thrown around for AI startups a couple of years old.
I'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.