Red Hot Chili Peppers have sold their recorded music catalog to Warner Music Group for more than $300 million, reports . The deal includes all of the band's recorded output, including their 13 studio albums, which reportedly generate around $26 million annually. Although the band owned their recorded catalog independently for the past year, during which they were allegedly seeking $350 million for the package, Warner is a logical buyer to foot the bill, as the label originally released Blood Sugar Sex Magik and Californication.
One 10-year-old kid tells Smith he likes 'punk rock,' and goes on to name his favorite 'punk' bands as 'blink-182, Green Day [and] Red Hot Chili Peppers,' not even realizing he was standing right next to the Chili Peppers drummer. Smith laughs as he responds, 'Red Hot Chili Peppers, they're not really punk rock, but okay!'
At its heart, this is a deeply relatable story-about the friendships that shape our identities and the lasting power of the bonds forged in adolescence. What's less relatable, of course, is that here those friends went on to create one of the greatest rock bands in history.
The band’s Rachel Brown and Nate Amos seem to have found their sea legs: a mosh pit erupts as they rip into Life Signs, the playfully proggy lead single from their forthcoming album.