Red Hot Chili Peppers säljer sin musikkatalog till Warner Music Group

Red Hot Chili Peppers har sålt sin inspelade musikkatalog till Warner Music Group i en affär värd över 300 miljoner dollar. Transaktionen ger skivbolaget kontroll över samtliga masterinspelningar från bandets produktion.

Affären genomfördes på fredagen och omfattar bandets 13 studioalbum, inklusive utgåvor sedan 1991 då gruppen skrev kontrakt med Warner. Deras katalog genererar ungefär 26 miljoner dollar årligen och hade funnits på marknaden med ett utgångspris nära 350 miljoner dollar.

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