Current:Home > NewsKiss sells catalog, brand name and IP. Gene Simmons assures fans it is a ‘collaboration’ -WealthSync Hub
Kiss sells catalog, brand name and IP. Gene Simmons assures fans it is a ‘collaboration’
Ethermac Exchange View
Date:2025-04-10 02:56:52
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! (528)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Family connected to house where Boston police officer’s body was found outside in snow testifies
- Illinois basketball star Terrence Shannon Jr. ordered to stand trial on a rape charge in Kansas
- As mental health issues plague Asian American communities, some fight silence around issue
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Southern Brazil is still reeling from massive flooding as it faces risk from new storms
- Hollywood penthouse condo sells for $24 million: See inside the luxury space
- Teen and Miss USA quit their crowns, citing mental health and personal values
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Bob Ross’ legacy lives on in new ‘The Joy of Painting’ series
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Betting money for the WNBA is pouring in on Caitlin Clark and the Indiana Fever
- From 'The Iron Claw' to 'The Idea of You,' here are 10 movies you need to stream right now
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Roast Me (Freestyle)
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Eurovision 2024: Grand Final set as Israeli contestant advances in second set of 10
- Minnesota makes ticket transparency law, cracking down on hidden costs and re-sellers
- Meghan Markle Details Moving Moment She Had With Her and Prince Harry’s Daughter Lilibet
Recommendation
Nevada attorney general revives 2020 fake electors case
She was the chauffeur, the encourager and worked for the NSA. But mostly, she was my mom
Embrace Your Unique Aura With Bella Hadid's Fragrance Line, 'Ôrəbella, Now Available At Ulta
Oprah Winfrey Shares Biggest Regret After Being Steadfast Participant in Diet Culture
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Planet Fitness raises membership fee for first time since 1998
Carmelo Hayes is ready to prove his star power on WWE roster: 'Time to make a statement'
Phoenix Suns part ways with Frank Vogel after one season