Kiss Sells Catalog, , Brand Name and IP.
Pophouse Entertainment Group has bought the rock band's catalog, brand name and intellectual property in a deal worth over $300 million, ABC News reports. .
Björn Ulvaeus of ABBA co-founded Pophouse.
When Kiss played their last show in
December, they revealed digital avatars
of themselves, ABC News reports.
Pophouse partnered with
George Lucas' company, Industrial Light & Magic, to create the avatar technology.
The "ABBA Voyage" show in
London featured an entire performance
with the Swedish band's digital avatars.
ABC News reports that a biopic, documentary and "Kiss experience" are in the works, according to Pophouse CEO Per Sundin.
An avatar show is planned for the later part of 2027.
Gene Simmons said,
"I don't like the word acquisition.".
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, Gene Simmons, to AP.
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. , Gene Simmons, to AP.
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, Gene Simmons, to AP