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Red Hot Chili Peppers Latest to Sell Publishing Rights

LOS ANGELES, CA - FEBRUARY 11: Musicians John Frusciante, Flea, Anthony Kiedis and Chad Smith of Red Hot Chili Peppers pose with their Grammys for Best rock Performance By a Duo or Group with Vocal for "Dani California", Best Boxed or Special Limited Edition Package for "Stadium Arcadium", Best Rock Song for "Dani California" and Best Rock Album for "Stadium Arcadium" in the press room at the 49th Annual Grammy Awards at the Staples Center on February 11, 2007 in Los Angeles, California. (Photo by Vince Bucci/Getty Images)

Red Hot Chili Peppers are hopping on the “Sell Your Catalogue” train.

The Chili Peppers have just sold a large chunk of their catalogue to publishing company Hipgnosis for $150 million.

Songs included in this sell are “Give it Away,” “Californication,” and “Snow (Hey Oh).”

Meanwhile Red Hot Chili Peppers are reportedly working on a new album, a followup to 2016’s The Getaway.

Do you think selling their publishing rights is a good move for the Red Hot Chili Peppers? Which Red Hot Chili Peppers song would you want to own the rights to?

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