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Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
41–50 of 128 posts
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#42Hard to tell what the value of music will be in 5 years
Digital music? Probably non-existent. Live music played by actual musicians? Just as much.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#43That honestly sounds like a good deal for the buyer at first blush but can’t say I’m an expert here
With the trend of things, this seems like good timing for the RHCP estates with a not so unlikely collapse of licensing revenue happening in the near future.
Why would licensing revenue for hit songs collapse?
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#44I'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.
yeah also surprised.
and as mentioned elsewhere, RHCP is still young enough to crank out a few more albums and tour. Bruce Springsteen kept cranking until his 80s and sold the catalog for $500M
I assume the band is basically tapped out and ready to rest on laurels
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#45Can't wait for the RHCP biopic in 2028!
It'll be a Broadway play first to test it out.
With James Corden as Flea.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#46I'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.
yeah also surprised. and as mentioned elsewhere, RHCP is still young enough to crank out a few more albums and tour. Bruce Springsteen kept cranking until his 80s and sold the catalog for $500M I assume the band is basically tapped out and ready to rest on laurels
Bruce is 76
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#47Earlier quoted context omitted.
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.
Sorry, it was a typo; fixed. (French and Spanish orthographies differ here, but both names were accepted by the spellchecker.)
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#48This 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.
In a world full of endless AI slop, wouldn't original recordings become more valuable over time?
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#49Earlier quoted context omitted.
With the trend of things, this seems like good timing for the RHCP estates with a not so unlikely collapse of licensing revenue happening in the near future.
Why would licensing revenue for hit songs collapse?
Most of the Red Hot Chili Peppers hit songs are pushing 30 years old. Their songs have already hit their peak popularity and will only be declining from now on.
This along with AI generated music flooding the market. An AI generated song has already been #1 on the iTunes Charts. AI generated music is only going to get better and more popular.
Future TV shows/movies/etc. will likely just be generating their own music, rather than paying royalties for "hit songs".
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#50Feels cheap