Thursday, January 7, 2016

The Offspring sells entire catalog for $35 million

The Offspring has sold the rights of band's entire catalog to Round Hill Music for $35 million.

Frontman Dexter Holland said: "I think that there's a thread that runs through all of our albums, for sure," he said. "I mean, people say there's a sound to our band. I don't know exactly what that sound is, but people seem to recognize it when they hear our records, and like any of our other records, there are songs that people might not expect to hear from us, but people seem to know it still sounds like us."

About the catalog sale, he said: "We felt that having the right caretaker for our catalog, both the masters and the publishing, is incredibly important to the future of our career."

Round Hill Music CEO Josh Gruss said: "You won't get a more high-quality catalog than The Offspring. Also, we didn't have some American punk rock in our publishing portfolio, and this acquisitions helps broaden the genre representation."

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