Red Hot Chili Peppers Sell Music Catalog

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  1. Melody Bot

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    Red Hot Chili Peppers have sold their music catalog:

    The Red Hot Chili Peppers has sold its recorded music catalog to Warner Music Group (WMG) for more than $300 million, a source confirms with Billboard. The company purchased the catalog via its $1.2 billion joint venture with Bain Capital, which is aimed at acquiring both recorded music and publishing rights.

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