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.
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
#62Give 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
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#63Music 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...
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
#64Is 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.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#65Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#66That 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.
Re: Red Hot Chili Peppers ink $300M deal with Warner Music to sell catalog
#67This 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?