Current:Home > reviews'Eternal symphony of rock': KISS sells catalog to Swedish company for $300 million: Reports -Dynamic Profit Academy
'Eternal symphony of rock': KISS sells catalog to Swedish company for $300 million: Reports
View
Date:2025-04-17 16:36:59
Some things aren't "Forever" for legendary rock band KISS after the quartet announced they sold their catalog, brand name and IP.
The 2014 Rock and Roll Hall of Fame inductees did the deal with Swedish company Pophouse Entertainment Group. The company, founded by Swedish music executive Per Urban Sundin, paid the band $300 million for the acquisition, Bloomberg reported.
"Pophouse, the pioneering global entertainment and music investment firm, announces the acquisition of the music catalogue, brand name and likeness - including the world- famous face paint designs – as well as trademarks of the iconic American rock band KISS," the Stockholm-based company said in a news release.
What does Pophouse plan on doing with KISS's catalog, likeness?
Pophouse called the deal a "groundbreaking partnership" that will allow the private entertainment company to "further develop and amplify the unique KISS legacy worldwide," including "preserving their iconic music, enigmatic personas, and expressive imagery for generations to come."
The company is planning a biopic, an avatar show and a KISS-themed experience, according to the release. The band will "play key roles in the development of the projects" and work alongside Pophouse, the company added.
“We have always been breaking new ground in popular culture, and this partnership will ensure that we continue to do so for years to come," Gene Simmons, bassist and co-founder of KISS, said in the release. "Because what Pophouse is doing, is breaking rules... The future could not be more exciting!”
Pophouse deal comes after KISS bids farewell to live touring
The deal comes after KISS bid farewell to live touring in December 2023 after their final show in Madison Square Garden.
"This … is the end of the road," Paul Stanley, co-founder, frontman and co-lead vocalist for KISS, said during the final show in New York. "It seems sad, but tonight is a night to celebrate what we did together. And we couldn’t have done it without you."
Before curtains closed on the band's final show, a message appeared on the video screens in the arena, it read "A new KISS era starts now." Immediately after the message, the band's digital avatars popped up on the monitors and began playing "God Gave Rock and Roll To You."
KISS's final live show in New York set the stage for the deal with Pophouse
Unbeknownst to KISS fans, the digital avatars are a project with Pophouse that was previewed at the band's final show, according to the company's release.
"Through a magical combination of cutting-edge technology and unrivaled creativity, Pophouse will bring the full, authentic KISS experience to both existing and new fans for years to come," the company said.
The avatar show is planned to launch in 2027, according to Pophouse.
"Our journey with Pophouse is fueled by the desire to eternally resonate across diverse facets of global culture," Stanley said in the release. "As we embark on this venture, we aim to weave our legacy into the tapestry of different worlds, ensuring that the KISS experience continues to captivate both our devoted fans and those yet to discover the thrill. This partnership is not just a chapter; it’s an eternal symphony of rock ‘n’ roll immortality."
The only other music catalog acquisition/partnership Pophouse has with an artist outside of Sweden is Cyndi Lauper's, which the “Girls Just Want to Have Fun” singer sold in February, according to the company.
veryGood! (1)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Meta donates $1 million to Trump’s inauguration fund
- The White House is cracking down on overdraft fees
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Sam Taylor
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Ranking
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- 'Most Whopper
- Travis Hunter, the 2
- Meta releases AI model to enhance Metaverse experience
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Meta releases AI model to enhance Metaverse experience
- The White House is cracking down on overdraft fees
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
The White House is cracking down on overdraft fees
Skins Game to make return to Thanksgiving week with a modern look
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
What to watch: O Jolie night
Meta donates $1 million to Trump’s inauguration fund