
Red Hot Chili Peppers Sell Music Catalog to Warner Music for Over $300 Million
The Red Hot Chili Peppers have sold their recorded music catalog to Warner Music Group in a deal reportedly worth over $300 million. This significant transaction transfers ownership of their extensive discography.
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Red Hot Chili Peppers Ink $300 Million-Plus Deal With Warner Music to Sell Catalog (Exclusive)
The deal makes up about half of the $650 million WMG reported that they spent through a joint venture catalog acquisition with Bain Capital.
By Ethan Millman
Read full article →Red Hot Chili Peppers Sells Recorded Music Catalog to WMG for Over $300 Million
The company purchased the catalog through a $1.2 billion joint venture with Bain Capital.
By Chris Eggertsen
Read full article →Coverage Timeline
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