Apr 4, 2024 - Business

ğŸŽ¸ Kiss cashes in

Three rockers in black and white face paint hold guitars while performing on a stage

Kiss performs on "Dancing with the Stars." Photo: Adam Taylor/Disney General Entertainment Content via Getty Images

Kiss can "Rock and Roll All Nite" after the band became the latest musical artist to sell its catalog for a windfall.

Zoom in: The band sold its catalog, brand name and IP to Sweden-based Pophouse Entertainment Group in a deal believed to be worth more than $300 million, AP reports.

  • "The goal of the purchase is to expose Kiss to new generations," AP reports, citing Pophouse CEO Per Sundin.

💭 Nathan's thought bubble: That should pay for a lifetime supply of black-and-white face paint.

Flashback: Hope's 2022 story on how music sounds like money to Wall Street.

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This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

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