After the dissolution of your contract at the Roadrunner Record label, Slipknot cash register. But there is a restriction.
Slipknot is apparently about to sell their entire music catalog for $ 120 million. For the sum, her full work would go to HarbourView equity partners by 2022.
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How “Billboard Pro” reports, the signatures are imminent under the contract. The metal band from Iowa, which was founded in 1995, left its label Roadrunner Records in 2022 and thus cleared the way for this step that other musicians and bands such as Kiss and Mötley Crüe have already completed in the past.
According to the report, the contract includes property rights to its publisher and master recording. However, future publications are not among them.
Which Slipknot musicians are (not) involved in the deal?
It is currently still unclear whether all members of the band are involved in the sale. The value could increase significantly if a larger number of musicians are involved.
HarbourView Equity Partners is a global investment company that specializes in investments in the media and entertainment sector. It invests in companies and cultural workers. So far, over 70 catalogs have been purchased with more than 35,000 songs, including about some of the music catalog by Kelly Clarkson.
The sale of music catalogs has a boom: in the past, bands such as Pink Floyd, Queen and Tame Impala made a lot of money. Pink Floyd generated about $ 400 million, Queen even took $ 1.27 billion.
However, the deals are not very easy to compare. Colored numbers do not provide the status of the actual sale and almost every contract contains different value shares.
While the last published record of Slipknot The End appeared, so Far appeared three years ago and marked at least the end of an era, an extensive new edition of her self-titled debut album will soon appear for the 25th anniversary. There will be 40 unpublished songs, plus demo and live recordings. The set appears in different versions, including several strictly limited versions.