Slipknot negotiates the sales of musical catalogs assessed at $ 650 million

The band follows the tendency of artists who have profit high with their musical collections

Slipknot, one of the most influential bands of World Metal, is in negotiations to sell its musical catalog for about US $ 120 million – value equivalent to approximately $ 650 million in the current price. The information was issued by Billboardwhich indicates Harbourview Equity Partners as a probable buyer.

The transaction, if completed, will give the company the rights to the royalties of publication and the original recordings of all the songs already published by the group, excluding future productions. This means that any reproduction, public execution or commercial license of the tracks already registered will generate entry for the new rights holder.

According to the Luminati data, mentioned by BillboardSlipknot Songs produced on average US $ 15.5 million per year In the last three years. In addition, publications generated another $ 5.2 million a year. This financial performance explains the high evaluation, which can represent between 13.5 and 20 times annual revenues.

There is still no information on which members of the band participate directly in the negotiation, but experts point out that the movement follows a strong trend in the music market: artists who sell their catalogs to guarantee liquidity and financially plan the future.

Trend among the great artists

If the sale is confirmed, Slipknot will join a group of artists and bands who have profitable fortunes with similar negotiations. Among the most surprising examples there are:

• Queen – 1 billion US dollars

• Michael Jackson’s estate – US $ 600 million (half of the catalog)

• Bruce Springsteen – US $ 500 million

• Genesis – US $ 300 million

• Bob Dylan – about 300 million dollars (unconfirmed value)

• Hot red chillies – US $ 140 million

• Fleetwood Mac AND The boys of the beach – between $ 100 and $ 200 million

These sales reflect not only the cultural importance of the artists, but also the economic strength of their works, which continue to generate revenue decades after the launch.

Slipknot: celebration of the 25th anniversary of the debut album

While negotiating the sale of the catalog, Slipknot also celebrates the 25th anniversary From your album of the same name. The band prepares a special box with 59 tracksbeing 40 unpublishedin addition to the independent reprints of the original album. The launch is scheduled for September 5th And he promises to satisfy both collectors and new fans.

The Slipknot movement combines two important moments: the celebration of its inheritance and the possibility of transforming working decades into one of the most precious activities in the recent musical market. If the negotiation is aimed, the group will strengthen its status not only as a metal icon, but also as a commercial power in the universe of music.

Source: Terra

Earl

Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.