Slipknot Officially Sells Most of Its Music Catalog

Slipknot (Instagram @slipknot)

JAKARTA - Slipknot has just taken a major step that signals their ambitious future.

The band, synonymous with masks, confirmed they have sold the majority of their music catalog to investment firm HarbourView Equity Partners.

This bold decision appears to be based on much larger ambitions from the members. M. Shawn "Clown" Crahan, Slipknot's co-founder and icon, made a meaningful statement hinting at their long-term plans.

"After 25 years in the music business, we've found ourselves with a partner willing to continue what Slipknot started. Only, they want to be even bigger. Get ready. Hail The Knot," said Clown, as quoted by The Hollywood Reporter, Wednesday, November 19.

For HarbourView, the deal with Slipknot is their latest achievement this year. Last May, the company partnered with Songwriters Hall of Fame member Rodney "Darkchild" Jerkins, and then acquired part of Kelly Clarkson's catalog in July.

Regarding the partnership with Slipknot, Sherrese Clarke, Founder and CEO of HarbourView Equity Partners, praised the Iowa metal band's undeniable influence.

"Slipknot's music has redefined heavy metal and created a global cultural phenomenon," said Clarke. "Their catalog is a testament to their enduring influence, passion, and artistic ability within the genre. We pride ourselves on having our finger on the pulse of the culture, and through our in-depth analysis of audience engagement, we clearly see Slipknot's cultural impact from the 1990s to the present."

Clarke added that Slipknot's enduring appeal and relevance remain at the core of their investment thesis. "HarborView is honored to help preserve and amplify this group's work for decades and generations to come," she said.

Neither Slipknot nor HarbourView chose to remain tight-lipped about the financial details of the deal. They did not disclose the amount paid or the specific ownership stake the investment firm now holds.

However, HarbourView confirmed that the partnership includes publishing rights and recorded royalties for the band's nearly 30-year career.

Speculation regarding the Slipknot catalog deal has been rife for months. Billboard even reported that the deal was estimated to be worth around US$120 million (approximately Rp1.8 trillion).

With this partnership, HarbourView officially owns a stake in one of the most influential metal bands of its generation.

Slipknot have proven their dominance by earning 11 Grammy nominations, including a win in 2006 for Best Metal Performance for their platinum song, "Before I Forget."

Their commercial track record is also impressive. In total, Slipknot have earned 11 gold and platinum records, including their triple-platinum self-titled debut album.

Since their debut, each of their six subsequent studio albums has debuted in the top three of the Billboard charts, with three consecutive albums, "All Hope Is Gone," ".5: The Gray Chapter," and "We Are Not Your Kind," reaching number one.

These numbers are further bolstered by their massive fanbase on streaming services, with Slipknot boasting 15 million monthly listeners on Spotify—demonstrating their enduring relevance and appeal across generations.