News

A PE giant is making a push into the music industry. Its first target: $300 million for the entire Red Hot Chili Peppers catalog
The purchase of the whole Chili Peppers catalog marks a re-entry into the music industry for Bain Capital.
Rolling Stone2d
Red Hot Chili Peppers Reportedly Selling Catalog to Hipgnosis
The Red Hot Chili Peppers are selling their publishing rights to Merck Mercuriadis’s Hipgnosis Songs Fund for around $140 million, a source close to the situation tells Rolling Stone. The ...
Left Foot Forward2d
Major indie band to pull all music from Spotify over founder’s links to defence firm
A major indie band has announced it is removing its music from Spotify over the news that the streaming giant’s co-founder and CEO Daniel Ek’s investment firm has made major investments in the defence ...