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RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 17 days ago

Red Hot Chili Peppers sell music catalogue for $300M

guitar.com

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Red Hot Chili Peppers sell music catalogue for $300M

guitar.com

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 17 days ago
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Red Hot Chili Peppers sell music catalogue for $300m
guitar.com
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The Dani California group has reportedly confirmed a deal with Warner Music Group, selling off their entire music catalogue.

Comments

  • Valmond@lemmy.dbzer0.com
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    17 days ago

    300M is more than they’ll need in a hundred years.

    • nosuchanon@lemmy.world
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      17 days ago

      Sells short sighted. Leave something for your kids or family.

      • Valmond@lemmy.dbzer0.com
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        17 days ago

        If you think $300.000.000 is not enough then you have issues no money can cure.

        • nosuchanon@lemmy.world
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          17 days ago

          Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.

          So it’s not really that much money.

          • MurrayL@lemmy.world
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            17 days ago

            ‘If you do these arbitrary calculations the number goes down!’

          • Valmond@lemmy.dbzer0.com
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            15 days ago

            Bet you have no idea how much like 50.000 is. Or how to pay rent.

      • chemical_cutthroat@lemmy.world
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        17 days ago

        Yes, won’t someone think of the nepo-babies?

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