Slipknot Explores Sale of Band’s Music Assets in a Nine-Figure Deal With HarbourView

Slipknot, the platinum-selling masked nu metal band, is reportedly exploring a sale of its publishing and recorded masters royalties. According to sources, the band has either completed or is nearing a deal with HarbourView Equity Partners valued at approximately $120 million.

According to Luminate, Slipknot’s recorded masters catalog has generated 14.6 million album consumption units in the U.S., including 6.8 billion streams. When global streaming data is included, the band’s music has generated a total of 15.73 billion streams worldwide, Luminate figures show.

Sources indicate that Slipknot retains ownership of its publishing, which is a key component in what’s up for sale, while the master recording catalog is controlled by Warner Music Group (WMG), following its 2007 acquisition of Roadrunner Records. As a result, only the band’s royalty income is currently being offered for sale. Additionally, it remains unclear whether all band members are participating in the sale.

Based on Luminate data, Billboard estimates that over the past three years, Slipknot’s master recording catalog has averaged 740,000 album consumption units annually in the U.S. and 2.31 billion global streams per year, generating approximately $15.5 million in revenue. What’s more, Billboard estimates the publishing catalog generates $5.2 million in publishing royalties. 

If the band was averaging an estimated blended rate of 25% of royalties on its master recordings and 85% on publishing (after administration fees), the combined royalty pool would total around $8.9 million annually. At a $120 million valuation, that implies a 13.5 times earnings multiple. However, sources suggest not all band members are selling, and the actual income stream on offer may be closer to $6–$7 million, indicating a higher 17 to 20 times multiple.

Slipknot’s recent activity has fueled renewed interest in its catalog. In the second half of 2024, the band marked its 25th anniversary with the Here Comes the Pain U.S. tour, followed by a European leg in June 2025. Adding to the momentum, Slipknot will release a 25th anniversary box set of its self-titled debut album — with multiple variants — on Sept. 5.

Sources add that the deal being shopped did not offer a future component, meaning that new songs and records are not a part of what would be a part of the HarbourView deal. While Roadrunner and WMG appear to be handling the band’s records in North America, Sony Music Publishing is listed as the administrator for most of the band’s catalog, a spot check of SongView indicates. 

Since Sherrese Clarke founded HarbourView in 2021, the firm has accumulated almost $3 billion in music and entertainment assets, including a combination of active and passive publishing and master royalty properties. The catalog includes stakes in songs and/or records by Kelly Clarkson, Wiz Khalifa, George Benson, Fleetwood Mac and James Fauntleroy, among others.

Sources say the Slipknot deal was being marketed by Cory Brennan, the band’s manager and CEO of 5B Artists + Media, along with assistance from a few of the band’s attorneys.

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