The iconic hard rock band Kiss has sold its song catalog, brand, likeness, and intellectual property to Stockholm-based Pophouse Entertainment for a sum speculated to be over $300 million.
This deal comes as the band prepares to retire from live performances with their End of the Road World Tour, the BBC reported.
Similar to previous high-profile catalog sales by artists like Bob Dylan and Bruce Springsteen, who sold their works for $500 million and $450 million respectively, Kiss’s sale includes not only their music rights but also the potential for AI-generated content using the band’s extensive intellectual property.
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