Slipknot near $120M sale of catalog rights to HarbourView

Slipknot appears to be nearing a deal to sell the publishing rights and the royalties from its master recordings for about $120 million, in a transaction that would place a large portion of the band’s historic catalog under HarbourView Equity Partners. The proposed sale would not include any new music the group might release, and it is unclear how many band members are participating. The publishing stake would remain with Slipknot, while the master recordings are controlled by Warner Music Group, which acquired Roadrunner Records in 2007.

Industry figures say the opportunity rests on a catalog that has produced substantial streaming and sales activity. Draft figures indicate the band’s catalog has generated tens of millions of album-consumption units in the United States and billions of streams globally. The scale underscores why HarbourView, a firm with a growing portfolio of music and entertainment assets, would be pursuing such a purchase. A person familiar with the discussions noted that the potential value is driven by both publishing and master royalties, even if the final pool of income could be affected by which members are participating in the sale.