Red Hot Chili-Peppers John Frusciante Anthony Kiedis Smith Frusciante Chad Rock song Red Hot Chili Peppers Red Hot Chili-Peppers John Frusciante Anthony Kiedis Smith Frusciante Chad

Red Hot Chili Peppers to sell songwriting catalogue in £100million deal

Reading now: 166
www.nme.com

Red Hot Chili Peppers are selling their songwriting catalogue to Hipgnosis, joining an extensive list of artists who have recently signed over their intellectual property in multi-million dollar deals.The deal, which Billboard reports may not have closed yet, is worth at least £100million ($140million) and is likely to include their hit tracks ‘Snow (Hey Oh)’, ‘Californication’, ‘Otherside’, ‘Can’t Stop’ and ‘Give It Away’, among others.The band’s publishing catalogue was mostly written by frontman Anthony Kiedis, bassist Flea, drummer Chad Smith and guitarist John Frusciante.

It reportedly generates $5million to $6million in net publishers’ share.The sale follows multiple high-profile artists selling their catalogues to Hipgnosis or other.

Read more on nme.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA