SLIPKNOT Sells Their Entire Catalog To HarbourView Equity Partners For (Probably) A Lot Of Money

Slipknot was originally rumored to be shopping their catalog around for somewhere in the realm of $120 million, if that Billboard report from earlier this year is correct.

Now HarbourView Equity Partners has announced they’ve purchased Slipknot‘s entire catalog – including publishing and recorded royalties, according to The Hollywood Reporter – though no amount has been disclosed. I’m guessing it’s a lot of money. Though it’s also not clear who in the band was involved with the deal.

“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,” Slipknot‘s Michael “Clown” Crahan said in a statement. “Only they want to go even bigger. Get ready. Hail The Knot.”

“Slipknot‘s music has redefined heavy metal and created a global cultural phenomenon,” Sherrese Clarke, Founder and CEO of HarbourView Equity Partners, said in a statement that feels corporate as hell. “Their catalog is a testament to their influence, passion, and enduring artistry within the genre.

“We pride ourselves on having our finger on the pulse of culture and with thorough analysis of audience engagement, we clearly see the cultural impact of Slipknot from the 1990’s to present. The enduring and relevant proof points with Slipknot remain core to our investing thesis, and HarbourView is honored to help preserve and amplify the group’s work for decades and generations to come.”

According to industry tracker Luminate, Slipknot’s recorded masters have moved 14.6 million album consumption units in the U.S. alone, amassing 6.8 billion domestic streams. When factoring in global activity, that total jumps to 15.73 billion streams worldwide — a testament to the enduring demand for the band’s music more than two decades after their 1999 self-titled debut exploded onto the scene.

The same Billboard report noted that in the deal, Slipknot retains ownership of its publishing, which is part of what’s on the table in this deal, but Warner Music Group controls the master recording catalog through its 2007 acquisition of Roadrunner Records. That means only the band’s royalty income from those masters is being offered, not the masters themselves. Sources also suggested not every member is participating, which could narrow the slice of income HarbourView would acquire.