Slipknot Sells Catalog Stake to HarbourView Equity Partners

Slipknot, the influential heavy metal band from Iowa, has sold a majority stake in its music catalog to HarbourView Equity Partners, a move confirmed this week that includes rights to publishing and recorded royalties from the group's extensive back catalog.

The deal, which had been the subject of industry rumors for months, covers Slipknot's releases spanning more than two decades but excludes future material and the master recordings themselves. Those masters remain under the control of Warner Music Group, which acquired the band's longtime label, Roadrunner Records, in 2007. As a result, HarbourView will receive royalty income from the masters rather than ownership of the recordings. Financial details were not disclosed, though earlier reports placed the catalog's value at approximately 120 million dollars. It remains unclear if all band members participated in the transaction.

M. Shawn "Clown" Crahan, Slipknot's founding percussionist and creative leader, expressed enthusiasm about the partnership in a statement. "After 25 years of taking on the music business, we find ourselves with a partner that is willing to sign onto continuing what Slipknot started," Crahan said. "Only...