RED HOT CHILI PEPPERS to sell some of their most well-known songs in a $150 million deal
05 May 2021Californian funk rockers RED HOT CHILI PEPPERS have decided to sell a large wedge of their discography over to the Hipgnosis Songs Fund in a publishing deal worth $150 million.
This decision follows in the footsteps of artists such as Bob Dylan, The Beach Boys, Jay-Z and Beyonce, who have also sold off a number of their hits.
Although it is unclear whether the final deal has been signed, the songs to be traded include their hit singles Californication, Snow (Hey Oh) and Give It Away.
Earlier this year, publishing giants Hipgnosis also acquired the entirety of Shakira’s catalogue, totalling at 145 songs — titles that have made her the bestselling female Latin artist of all time.
In other CHILI PEPPERS news, the band have recently re-entered the studio to record new material which will stand as their first album since 2016’s The Getaway. The venture follows guitarist John Frusciante's return to the band in December 2019, and the end of a 10 year professional relationship with guitarist Josh Klinghoffer.
Source: loudersound.com
News
- The MY PLAYLIST new TV musical show's episode is now available online
- MONY PANCHEV's ROCKENROLL radio show is today - kicks off at 4 pm
- TANGRA INTERVIEW - TERPENTINA
- Bulgarian rockers CAILIBERTY to support BRUCE DICKINSON in Sofia in July
- ALEX BOYADJIEV's PANIC ATTACK SHOW is TODAY - kicks off at 4 PM
Tangra Top 40
- 1Dark Matter
PEARL JAM - 2Wanting And Waiting
THE BLACK CROWES - 3Need A Favor
JELLY ROLL - 4Hoi Polloi
FYELD - 5The Walk
LAVASONIC