The deal includes the band’s entire recorded output, including their 13 studio albums Red Hot Chili Peppers, Getty Images Red Hot Chili Peppers have sold their recorded music catalog to Warner Music Group for more than $300 million, reports Billboard . The deal includes all of the band’s recorded output, including their 13 studio albums, which reportedly generate around $26 million annually. Although the band owned their recorded catalog independently for the past year, during which they were allegedly seeking $350 million for the package, Warner is a logical buyer to foot the bill, as the label originally released Blood Sugar Sex Magik and Californication . This deal is not to be confused with Red Hot Chili Peppers’ big sale in 2015, during which Hipgnosis Songs Fund bought the band’s publishing rights for around $150 million.…