Red Hot Chili Peppers Sell Music Catalog for $300 Million
Warner Music Group will benefit from streaming, airplay and album sales after buying the band’s masters, following its $1.2 billion joint venture with Bain Capital.
- The Red Hot Chili Peppers sold their recorded music catalog to Warner Music Group in a deal worth $300 million, effective as of May 2026.
- Signed to Warner Records since 1991, the band previously sold publishing rights to Recognition Music Group for $140 million in 2021 and to Hipgnosis Songs Fund for $150 million in 2015.
- The recorded catalog generates approximately $26 million in annual revenue, and the band finalized the sale after seeking roughly $350 million since February 2025.
- Joining deals for artists including Neil Young, Justin Bieber, and Justin Timberlake, Warner Music Group noted: "Catalog is the latest in a growing trend of investors acquiring artists."
- Beyond this deal, Sony Music Group announced a $4 billion acquisition of Recognition, while Warner Music Group formed a $1.2 billion joint venture with Bain Capital.
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The A.V. Club
PasteRed Hot Chili Peppers sell music catalog for $300 million
According to Billboard, the Red Hot Chili Peppers have sold their entire recorded music catalog to Warner Music Group for more than $300 million dollars, after WMG acquired the catalog through a $1.2 billion joint venture with investment firm Bain Capital. The Chili Peppers first sold its publishing rights to Hipgnosis, now known as Recognition Music Group, in 2021 for $140 million. Sony Music Group will acquire Recognition for $4 billion with f…
The American band Red Hot Chili Peppers concluded one of the most impressive financial movements in the recent music industry. The group closed a million-dollar deal with Warner Music Group to transfer control of all its original recordings, in an operation valued at $300 million (or more than billion Colombian pesos). The negotiation marks a new chapter in the music catalog business and confirms a trend that dominates the global entertainment m…
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