This decision follows in the footsteps of artists such as Bob Dylan, The Beach Boys, Jay-Z and Beyonce, who have also sold off a number of their hits.

 

Although it is unclear whether the final deal has been signed, the songs to be traded include their hit singles Californication, Snow (Hey Oh) and Give It Away.

 

Earlier this year, publishing giants Hipgnosis also acquired the entirety of Shakira’s catalogue, totalling at 145 songs — titles that have made her the bestselling female Latin artist of all time.

 

In other CHILI PEPPERS news, the band have recently re-entered the studio to record new material which will stand as their first album since 2016’s The Getaway. The venture follows guitarist John Frusciante's return to the band in December 2019, and the end of a 10 year professional relationship with guitarist Josh Klinghoffer.