Chad Smith, Will Ferrell and Red Hot Chili Peppers
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According to Billboard, the Red Hot Chili Peppers have sold their entire recorded music catalog to Warner Music Group for more than $300 million dollars, after WMG acquired the catalog through a $1.2 billion joint venture with investment firm Bain Capital.
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Warner Music Group, the band's home since 1991's Blood Sugar Sex Magik, acquires the Peppers' catalog as part of Bain Capital joint venture
Red Hot Chili Peppers have done a deal with Warner Music Group to sell their recorded music catalogue for more than $300 million.
Anthony Kiedis and Flea of the Red Hot Chili Peppers attend a game between the Atlanta Hawks and the Los Angeles Lakers in the first half at
The deal includes the band’s entire recorded output, including their 13 studio albums