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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

#111

Post by dllthomas »

pcurve wrote: post #86
stephenhuey wrote: post #40

Earlier quoted context omitted.

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

The music video is great too... the slow build up of the song towards the 3:10 minute mark, with him running towards you. Love it. So thankful I was old enough to be around to watch it on MTV.

Sometimes I sing under lights that are purple. Sometimes I'm shirtless and I tilt my head.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#112

Post by TiredOfLife »

afavour wrote: post #3

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.

Queen made music. RHCP make noise.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#113

Post by WithinReason »

petre wrote: post #107
acomjean wrote: post #105

Earlier quoted context omitted.

Well Flea just released a jazz record where he plays trumpet. I admire him for it, but might need some financing now. https://youtu.be/1r0k2AW153g?si=-J6qNeyc3dHQJ6Gk

He also played in a Star Wars series as a bad guy kidnapping Pricess Leia. I like him a lot.

And in Back to the Future too

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#114

Post by BLKNSLVR »

amarant wrote: post #32
sho_hn wrote: post #18

Earlier 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

Man, I don't get why Californication is the reference for RHCP when Blood Sugar Sex Magik is start to finish excellence.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#115

Post by Esophagus4 »

TitaRusell wrote: post #102

Janis Joplin in a car commercial was the funniest thing ever and it oddly made sense. Most people are just not cool enough to die from alcohol or drugs and they become the boomers.

Bon Jovi selling insurance during the Super Bowl…

Tough look.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#117

Post by stasomatic »

BLKNSLVR wrote: post #114
amarant wrote: post #32

Earlier quoted context omitted.

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

Man, I don't get why Californication is the reference for RHCP when Blood Sugar Sex Magik is start to finish excellence.

Their earlier stuff, eg Mother's Milk, was more raw and pure, not ballad-ey. "Knock Me Down" is my fav, their cover of Stevie Wonder's "Higher Ground" is fantastic, imo. Comparing them to Queen doesn't make sense, they are different genre.

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#118

Post by AbstractH24 »

perarneng wrote: post #6

Hard to tell what the value of music will be in 5 years

> Hard to tell what the value of music will be in 5 years

Which be exactly why it makes sense to sell

Hard to see a world where the value goes up. Best case it stays stable, worst it decreases

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#119

Post by Traster »

I'm always weirded out by this process because it's such a squishy thing. How much are the rights worth? Well, take the revenue from the last 5 years and project it out. But they released a new album in 2022, so that year is going to look strange isn't it. Oh and they have a documentary this year so presumably that spiked some stream as well didn't it.

Also, if they hadn't sold they would've benefitted by releasing new albums they would got an extra bump from people listening to the old stuff, they don't get that now. Oh and how do you model the revenue bump when Flea dies and everyone streams RHCP non-stop for a week.

It's also a weird principal agent problem because RHCP primarily influence how much revenue these rights are worth, but once they sell the rights then the rightsholder's revenue stream is highly sensitive to what RHCP do in the future. What is RHCP sell the rights, then come out as Nazis, then buy the rights back and then recant? You know what I mean?

Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog

#120

Post by sho_hn »

amarant wrote: post #32
sho_hn wrote: post #18

Earlier 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

> Also: what do you mean "older people"? I ain't that old yet! Shakes fist at cloud

I'm 40. I have a kid. RHCP are literal Dad Rock now, accept and live it!

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