Slipknot has sold part of their music catalog to HarbourView Equity Partners in a deal worth around $120 million. The agreement includes both publishing rights and recorded royalties, although specific financial details and the exact portion of the catalog sold have not been disclosed.
Michael “Clown” Crahan, a member of Slipknot, expressed excitement about the partnership, saying, “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. Only they want to go even bigger. Get ready. Hail The Knot.”
Over their nearly 30-year career, Slipknot has received 11 GRAMMY nominations and won one in 2006 for Best Metal Performance with their Platinum single “Before I Forget.” The band has also achieved 11 Gold and Platinum records, including their triple-Platinum debut album. Each of their six albums since then has reached the top three on the Billboard charts, with three hitting number one: *All Hope Is Gone*, *.5: The Gray Chapter*, and *We Are Not Your Kind*.
In the last three years, Slipknot’s music has generated $15.5 million in annual revenue, with an additional $5.2 million from publishing, according to Billboard estimates. Their catalog, which spans over two decades, has amassed an impressive 15.73 billion streams worldwide.
Sherrese Clarke, Founder and CEO of HarbourView Equity Partners, praised Slipknot’s impact, stating, “Slipknot’s music has redefined heavy metal and created a global cultural phenomenon. Their catalog is a testament to their influence, passion, and enduring artistry within the genre.”
Warner Music Group controls the master recordings through its acquisition of Roadrunner Records in 2007. This new deal covers Slipknot’s existing catalog but does not include future releases.
