Linkin Park, Nu-Metal Band From The Early 2000s, Sells Their Entire Music Catalog

Linkin Park Sells Their Music Catalog Amid The Trend Of Music Catalog Sales

Linkin Park, the nu-metal band that rose to fame in the early 2000s, has sold their entire music catalog to Hipgnosis Songs Fund for a cool $1.2 billion. The deal includes all of the band's songs, as well as their share of songwriting royalties from the band's six studio albums and two live albums.

The Sale Is Part Of A Growing Trend Of Music Catalog Sales

The sale of Linkin Park's music catalog is part of a growing trend of artists selling their music catalogs to investment firms. This trend has also been seen with the sales of catalogs owned by Bob Dylan and Bruce Springsteen within the past year. These sales allow artists to cash out on their work and ensure that their music will continue to be heard by new generations of fans.

Hipgnosis Songs Fund is a music investment company that was founded in 2018. The company has quickly become one of the largest music catalog owners in the world, with a portfolio that includes songs by artists such as Ed Sheeran, Justin Timberlake, and Kenny Chesney.

Linkin Park's Legacy

Linkin Park was founded in 1996 by Mike Shinoda, Brad Delson, and Rob Bourdon. The band released their debut album, Hybrid Theory, in 2000. The album was a huge success, selling over 27 million copies and spawning the hit singles "One Step Closer" and "Crawling." Linkin Park went on to release six more studio albums, all of which were certified platinum or higher by the Recording Industry Association of America (RIAA).

Linkin Park have won two Grammy Awards and have been nominated for six others. The band has also sold over 70 million records worldwide, making them one of the best-selling bands of all time.

The Band's Future

Linkin Park has not released a new album since 2017. However, the band has been teasing new music on social media in recent months. It is unclear what the future holds for Linkin Park, but the sale of their music catalog suggests that the band is not planning to retire anytime soon.