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Slipknot sold most of their music rights for $120 million to fund legacy growth.
Slipknot has sold a majority stake in their music catalog to investment firm HarbourView Equity Partners, with the deal valued at around $120 million.
The agreement covers publishing and recording royalties from their existing catalog, excluding future releases.
While exact terms were not disclosed, the band’s sole remaining original member, Shawn “Clown” Crahan, said the partnership will help expand their legacy.
HarbourView’s CEO Sherrese Clarke praised Slipknot’s lasting impact on heavy metal and global music culture.
The deal follows the band’s 25th anniversary reissue of their debut album and their 2022 release, The End, So Far.
Slipknot vendió la mayoría de sus derechos musicales por $120 millones para financiar el crecimiento del legado.