Merck Mercuriadis’ Hipgnosis Songs previously bought the catalogs of Shakira and Neil Young The Red Hot Chili Peppers are selling their catalog to Merck Mercuriadis’ Hipgnosis Songs Fund for as much as $150 million, according to Billboard. Billboard reports that the catalog — which includes hits like “Dani California,” “Under the Bridge” and “Californication” — earns $5-6 million for publishers annually and was sold for about 25 times as much. Because band members Anthony Kie...
Merck Mercuriadis’ Hipgnosis Songs previously bought the catalogs of Shakira and Neil Young The Red Hot Chili Peppers are selling their catalog to Merck Mercuriadis’ Hipgnosis Songs Fund for as much as $150 million, according to Billboard. Billboard reports that the catalog — which includes hits like “Dani California,” “Under the Bridge” and “Californication” — earns $5-6 million for publishers annually and was sold for about 25 times as much. Because band members Anthony Kie...
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