Kiss recently agreed to sell their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million. They're the latest to participate in an ongoing trend of blockbuster acts and their rights holders inking deals to sell their back-catalogs, often for impressive sums.
Streaming accounts for 84% of all music industry revenue, making catalog music highly valuable. Some deals have been estimated at as much as half a billion dollars.
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KISS Sells Catalog and IP to Pophouse Entertainment GroupThe hard rock quartet KISS has sold their catalog, brand name, and IP to Swedish company Pophouse Entertainment Group for over $300 million. This is not the first partnership between KISS and Pophouse, as they previously collaborated on a cutting-edge technology project. The technology, created by George Lucas' company Industrial Light & Magic, allowed fans to attend a concert by the Swedish band using digital avatars.
Source: ksatnews - 🏆 442. / 53 Read more »
Kiss sells catalog, brand name and IP to Pophouse in deal worth over $300 millionKiss sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million, it was announced…
Source: NBCNewYork - 🏆 270. / 63 Read more »
Kiss Sells Catalog and IP to Pophouse Entertainment GroupThe hard rock quartet have sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million. Kiss has partnered with Pophouse before and their digitized avatars have been created by George Lucas’ special-effects company, Industrial Light & Magic. Pophouse CEO Per Sundin hints at future projects involving Kiss' avatars.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Kiss Sells Catalog and IP to Pophouse Entertainment GroupHard rock quartet Kiss has sold their catalog, brand name, and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be more than $300 million. This marks their second partnership with Pophouse, co-founded by ABBA’s Björn Ulvaeus. Kiss revealed digitized avatars of themselves at the final night of their farewell tour, created by George Lucas’ special-effects company, Industrial Light & Magic, in partnership with Pophouse.
Source: dothaneagle - 🏆 337. / 59 Read more »
Kiss Sells Catalog and IP to Pophouse Entertainment GroupKiss recently agreed to sell their catalog, brand name and IP to Swedish company Pophouse in a deal estimated to be over $300 million. This trend of blockbuster acts selling their back-catalogs for impressive sums continues. Streaming accounts for 84% of all music industry revenue, making catalog music highly valuable.
Source: wfaa - 🏆 543. / 51 Read more »
KISS Just Sold Its Music Catalog, Name, Image, and Likeness to Pophouse for Over $300 MillionKISS has sold its music catalog, name, image, and likeness to Swedish entertainment and music investment firm Pophouse for a reported $300 million.
Source: RobbReport - 🏆 309. / 63 Read more »