The Red Hot Chili Peppers’ Music Catalog Just Sold For $140 Million!

Posted by admin on May 4, 2021 in Music | Comments Off

Hipgnosis Song Fund can’t be stopped. In November of last year, the IP management outlet purchased over 42 music catalogs from Cobalt Music Copyrights. Those catalogs were filled with more than 33,000 songs from artists including 50 Cent, Mariah Carey, Fleetwood Mac, and Beyonce. Not looking to slow down, Hipgnosis just made another massive purchase, spending a reported $140 million to acquire the…

Source