The Offspring has sold the rights to the band’s entire catalogue of Columbia Records master recordings and the publishing rights for all its songs to Round Hill Music, with the New York-based company paying $35 million. According to Billboard.com, the band sold the recorded masters for the six albums it made for Columbia Records, along with the publishing rights to the songs on all nine of its studio efforts. The master recordings for the band’s first three albums remain with Epitaph, the label that originally released them.
Among the Epitaph albums is 1994’s Smash, the breakout blockbuster that sold more than six million copies in the U.S. and featured the hits “Come Out And Play,” “Self-Esteem” and “Gotta Get Away.”
Included in the Columbia Records catalog are 1997’s Ixnay On The Hombre, which sold 1.4 million copies, 1998’s Americana, which moved five million, and 2000’s platinum-selling Conspiracy Of One.
The Offspring have sold a total of 17 million copies of their nine albums to date.
Frontman Dexter Holland said in a statement about the catalogue sale, “We felt that having the right caretaker for our catalogue, both the masters and the publishing, is incredibly important to the future of our career.”
The Offspring have reportedly spent much of the last year working on the follow-up to their last album, 2012’s Days Gone By. A single called “Coming For You” surfaced last February, but no further details on the new album have emerged since then.
Watch some classic Offspring here:
Source: Pulse Of Radio