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The Red Hot Chili Peppers have sold their recorded music catalog to Warner Music Group for more than $300 million, multiple outlets reported on May 10-11, 2026.
The transaction covers the bandâs masters â including 13 studio albums spanning from their 1980s debut through 2022âs Unlimited Love and Return of the Dream Canteen â and is expected to transfer future streaming, licensing, radio and sales revenues to Warner.
Industry estimates place the catalogâs annual revenue at roughly $26 million.
The purchase was made through WMGâs joint venture with Bain Capital, a vehicle established in 2025 with about $1.2 billion for catalogue acquisitions; WMG and Bain have deployed roughly $650 million so far, with the Chili Peppers deal representing a significant portion of that spend.
The band previously sold publishing rights years earlier to Hipgnosis/Recognition Music Group for around $140â150 million; that company is reportedly being courted by Sony, a deal that could rearrange ownership of songwriting rights.
Neither Warner nor the band have issued detailed public statements confirming the terms.








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