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

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61–70 of 128 posts

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

#61
post #14

That does seem like less than I would expect! 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.

$300M is a lot though.

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

#63
post #8

Music 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...

As a record maker, I'd say record making is under attack from Suno about as much as novelists are under attack from Chat GPT. Both still require a crafts person to steer the tools, if they're to be used at all.

Yes there will be slop, but neither Suno nor GPT are close to making coherent work with creators with taste and good judgement.

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

#64

Is there any write up about how these economics work? How much does the catalog generate in a year? The band must be past peak popularity, with listens continuing to decline year after year.

Someone writes an NPV and everyone says great! I looked into the math a bit when Bieber sold his. Didn’t seem worth it but what do I know.

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

#66
post #14

That does seem like less than I would expect! 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.

[dead]

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

#67
post #7

This 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?

Yes, like in a world full of electronic music, original recordings of guitar players became more valuable over time.
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