Skip to main content Warner Music Group, the band's home since 1991's Blood Sugar Sex Magik , acquires the Peppers' catalog as part of Bain Capital joint venture Red Hot Chili Peppers Red Hot Chili Peppers Sell Recorded Music Catalog for Over $300 Million The Red Hot Chili Pepper have sold their recorded music catalog to Warner Music Group in a deal worth more than $300 million. Five years after the band sold their publishing rights in a $150 million deal , the Peppers’ recorded output — which spans 13 studio albums, the last nine of which were released via Warner — more than doubled that price in a deal that was executed Friday, The Hollywood Reporter and Billboard reported. The purchase of the Chili Peppers’ catalog was part of a bigger deal involving WMG and Bain Capital, a joint venture that has so far acquired $650 worth of music and publishing rights; the RHCP deal makes up half of that purchase, with the remaining spending currently unknown, Billboard writes.…