THE OFFSPRING just sold their entire catalog for $35 million
07 January 2016It seems you couldn’t go anywhere in the late ‘90s without walking face-first into an OFFSPRING song, be it Smash hit “Come Out and Play” or Ixnay on the Hombre’s “Gone Away”.
The pop-punk band’s impressive numbers to date back that up, with nearly 17 million units sold in the U.S. alone. Now, the So Cal rockers stand to get a whole lot richer. As Billboard reports, Round Hill Music has acquired OFFSPRING’s catalog of recorded masters for an estimated $35 million.
Terms of the deal were not disclosed, but Billboard claims that the New York-based record label now owns the rights to the band’s Columbia Records master recording catalog, which includes six studio albums and one greatest hits album. The band’s best-selling record, 1994’s Smash, remains owned by Epitaph Records, but Round Hill Music has reportedly acquired publishing rights to the songs on Smash and the band’s earlier Epitaph albums.
Source: consequenceofsound.net
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