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NEWS: WARNER MUSIC GROUP FINALIZING PURCHASE OF RED HOT CHILI PEPPERS’ CATALOG FOR OVER $300 MILLION Warner Music Group is close to securing a deal worth more than $300 million to acquire the Red Hot Chili Peppers’ song catalog, bringing the band back to the label that has released their music since Blood Sugar Sex Magik in 1991. Despite receiving higher bids, including one reportedly reaching $375 million, the group, guided by longtime manager Guy Oseary and attorney Eric Greenspan, chose to negotiate exclusively with Warner. The agreement stands as one of the largest catalog transactions in the ongoing boom of music-rights acquisitions. Source: Boardroom

NEWS: WARNER MUSIC GROUP FINALIZING PURCHASE OF RED HOT CHILI PEPPERS’ CATALOG FOR OVER $300…
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11 min read

Netflix has announced an exciting new venture into the world of NHRA (National Hot Rod Association) drag racing, set to release a full documentary series dedicated to this high-speed, adrenaline-pumping motorsport. The series will delve into the fast-paced world of drag racing, showcasing the thrill, danger, and skill involved in one of the most intense motorsports in the world.

Netflix has announced an exciting new venture into the world of NHRA (National Hot Rod…
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8 min read