Slipknot Reportedly Nearing $120 Million Deal for Music Royalties and Publishing

Slipknot are reportedly looking to sell publishing and recorded masters royalties to HarbourView in a deal valued at $120M.

Iowa metal legends Slipknot are reportedly in talks to sell a significant portion of its music assets in a deal with HarbourView Equity Partners that could be worth around $120 million.

Billboard reports that according to unnamed sources, the package being offered includes Slipknot’s publishing and royalties from its recorded masters, though it is not yet clear whether all members are participating. The sources say the band retains ownership of its publishing, a major part of the potential sale. The master recording catalog, however, is controlled by Warner Music Group, which acquired Roadrunner Records in 2007 – so the deal would be for the royalty income rather than ownership of the recordings themselves.

Figures from Luminate show Slipknot’s recorded masters have generated 14.6 million album consumption units in the United States, which includes 6.8 billion streams. Globally, the band’s music has racked up 15.73 billion streams.

Billboard estimates that over the last three years, Slipknot’s master recording catalog has averaged 740,000 album consumption units per year in the U.S., alongside 2.31 billion global streams, producing about $15.5 million in revenue annually. The band’s publishing catalog is estimated to bring in $5.2 million in royalties. Based on an assumed 25% royalty rate for masters and 85% for publishing after administration fees, the total royalty income could be around $8.9 million a year. A $120 million valuation would represent roughly 13.5 times those earnings.

Sources say it’s possible not all Slipknot members are willing to sell up, and the portion being sold might generate closer to $6–$7 million annually, pushing the multiple higher. Despite this, the sources noted that the potential deal did not include future songs and records.

Slipknot’s 25th anniversary celebrations have boosted interest in its catalog. The band wrapped the U.S. leg of its Here Comes the Pain tour in late 2024, followed by European dates in June 2025. A 25th anniversary reissue of the group’s self-titled debut is set to drop on September 5, with multiple variants planned.

HarbourView, founded in 2021 by Sherrese Clarke, has acquired nearly $3 billion in music and entertainment assets, with stakes in work by artists including Kelly Clarkson, Wiz Khalifa, Fleetwood Mac and George Benson.

Executives from HarbourView and the Slipknot camp didn’t respond to Billboard‘s requests for comment.