Can't wait for the RHCP biopic in 2028!
Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
31–40 of 128 posts
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#32Earlier quoted context omitted.
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.
Same, or worse. Having lived in Europe and Korea I can tell you numerous Queen songs have instant recognizability the world over, but I would say RHCP are a household name mostly in the US, except maybe some older people recognizing Californication as a distinctly 90s happening.
In Europe it's cheating. Queen is from Europe.
But yeah, Californication is pretty much my only rhcp reference.
Also: what do you mean "older people"? I ain't that old yet! Shakes fist at cloud
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#33I'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.
Beyond a certain amount, the actual number becomes meaningless especially for people who already have dynastic wealth not even counting this. It's just what they happened to negotiate.
It's quite a retirement package.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#34Re: the "low price", they'd already sold their publishing right in 2021 for $140MM, so this is the master rights they sold for 300. By comparison, Springsteen sold both his together to Sony in 2021 for $500MM.
I don't think they're just selling the mastering rights here, it's the rights for the recordings that are being played that is being sold here. > The new deal with Warner Music Group hands over the rights to the official recordings, meaning the label will profit from any further streaming, radio play or album sales. Edit: I'm stupid, you mean "master rights", which is correct, they're getting the rights of the master…
Fixed - thanks!
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#35$300 million, all songs about California
Please no more California songs.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#36Can't wait for the RHCP biopic in 2028!
It'll be a Broadway play first to test it out.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#37Hard to tell what the value of music will be in 5 years
The value of guaranteed real stuff, with known provenance, still remains in the world of mass production; a "real Louis Vuitton bag" is still worth more than a very good copy, or a very good bag from an unknown designer. But most of the market, is, of course, lower end. Probably "good enough" machine-produced music is going to dominate casual playlists, but some bands still will have large followings, and live show s…
"Luis" Vuitton is the knockoff brand, but point taken.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#38Earlier quoted context omitted.
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.
Same, or worse. Having lived in Europe and Korea I can tell you numerous Queen songs have instant recognizability the world over, but I would say RHCP are a household name mostly in the US, except maybe some older people recognizing Californication as a distinctly 90s happening.
Californication was 2000. I think a single came out in the summer of 1999 off that album though.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#39Earlier quoted context omitted.
Same, or worse. Having lived in Europe and Korea I can tell you numerous Queen songs have instant recognizability the world over, but I would say RHCP are a household name mostly in the US, except maybe some older people recognizing Californication as a distinctly 90s happening.
In Europe it's cheating. Queen is from Europe. But yeah, Californication is pretty much my only rhcp reference. Also: what do you mean "older people"? I ain't that old yet! Shakes fist at cloud
>In Europe it's cheating. Queen is from Europe.
Queen is from one country in Europe, there are many countries in Europe. Anyway following your argument - who do you think is more recognized in Mexico: Queen or RHCP?
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#40Give 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
Under the Bridge is still my favorite...
Sometimes I feel like I don't have a partner Sometimes I feel like my only friend Is the city I live in, The City of Angels Lonely as I am, together we cry