Current:Home > ScamsKiss sells catalog, brand name and IP. Gene Simmons assures fans it is a ‘collaboration’ -ProfitBlueprint Hub
Kiss sells catalog, brand name and IP. Gene Simmons assures fans it is a ‘collaboration’
View
Date:2025-04-25 10:17:41
It’s never really the end of the road for Kiss. The hard rock quartet have sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million, it was announced Thursday.
This isn’t the first time Kiss has partnered with Pophouse, which was co-founded by ABBA’s Björn Ulvaeus. When the band’s current lineup — founders Paul Stanley and Gene Simmons as well as guitarist Tommy Thayer and drummer Eric Singer — took the stage at the final night of their farewell tour in December at New York City’s famed Madison Square Garden, they ended by revealing digitized avatars of themselves.
The cutting-edge technology was created by George Lucas’ special-effects company, Industrial Light & Magic, in partnership with Pophouse. The two companies recently teamed up for the “ABBA Voyage” show in London, in which fans could attend a full concert by the Swedish band in their heyday, as performed by their own digital avatars.
The ways in which Kiss’ avatars will be utilized has yet to be announced, but Pophouse CEO Per Sundin says fans can expect a biopic, a documentary and a Kiss experience on the horizon.
An avatar show is scheduled to launch in the second half of 2027 — but don’t expect it to look anything like “ABBA Voyage,” Sundin told the AP. And fans can expect it to kick off in North America.
Sundin says the goal of the purchase is to expose Kiss to new generations — which he believes sets Pophouse apart from other acquisitions of music catalogs.
“The record companies, the three big ones that are left, they’re doing a fantastic job, but they have so many catalogs and they can’t focus on everything,” he says. “We work together with Universal (Music Group) and Kiss, even though we will own the artists rights, and we’re doing it in conjunction with Kiss. But yes, we bought all rights, and that’s not something I’ve seen that clear before.”
“I don’t like the word acquisition,” Gene Simmons tells the AP over Zoom, assuring the band would never sell their catalog to a company they didn’t appreciate.
“Collaboration is exactly what it’s about. It would be remiss in our inferred fiduciary duty — see what I just did there? — to the thing that we created to abandon it,” he continued. “People might misunderstand and think, ‘OK, now Pophouse is doing that stuff and we’re just in Beverly Hills twiddling our thumbs.’ No, that’s not true. We’re in the trenches with them. We talk all the time. We share ideas. It’s a collaboration. Paul (Stanley) and I especially, with the band, we’ll stay committed to this. It’s our baby.”
And within that: no more live touring, for real. “We’re not going to tour again as Kiss, period,” he says. “We’re not going to go put the makeup on and go out there.”
Kiss are Pophouse’s second investment outside of Sweden: In February, Cyndi Lauper entered a partnership with the company which including the sale of the majority share of her music and a new immersive performance project she’s calling an “immersive theater piece” that transports audiences to the New York she grew up in.
The aim is to develop new ways to bring Lauper’s music to fans and younger audiences through new performances and live experiences.
“Most suits, when you tell them an idea, their eyes glaze over, they just want your greatest hits,” Lauper told the AP at the Pophouse headquarters in Stockholm in February. “But these guys are a multimedia company, they’re not looking to just buy my catalog, they want to make something new.”
veryGood! (482)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- TikTok scam promises popular weight loss drugs without a prescription
- Former St. Catherine University dean of nursing, lover accused of embezzling over $400K
- Family of California Navy veteran who died after officer knelt on his neck settles lawsuit for $7.5M
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Portal connecting NYC and Dublin, Ireland shuts down over 'inappropriate behavior'
- A cricket World Cup is coming to NYC’s suburbs, where the sport thrives among immigrant communities
- Watch retiring TSA screening dog showered with toys after his last shift
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Best Luxury Candles That Will Make Your Home Smell Really, Really Good
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Zaxby's releases the MrBeast box, a collaboration inspired by the content creator
- Hawaii native Savannah Gankiewicz crowned Miss USA after the previous winner resigned
- 'If' movie review: Ryan Reynolds' imaginary friend fantasy might go over your kids' heads
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Community colleges offer clean energy training as climate-related jobs expand across America
- Man pleads guilty in fatal shooting of off-duty New Orleans officer and his friend in Houston
- NOAA detects another solar flare following sun-produced geomagnetic storm: 'Not done yet'
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Hailey Bieber’s Unexpected Pregnancy Craving Is No Glazed Donut—But She Doesn’t Want You to Judge
The jurors in Trump’s hush money trial are getting a front row seat to history -- most of the time
North Carolina revenue decline means alternate sources for voucher spending considered
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Barge hits a bridge in Galveston, Texas, damaging the structure and causing an oil spill
Tom Brady says he regrets Netflix roast, wouldn't do it again because it 'affected my kids'
Honda recalls Ridgeline pickup trucks because rearview camera could fail in cold weather