Alice In Chains Sells Catalog For $50 Million

Megadeals like Springsteen’s have captured headlines lately, but the Seattle band’s big move has major implications for more recent rock.

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Alice in Chains members Jerry Cantrell, Sean Kinney, William DuVall and Mike Inez have sold their catalog with the band to Round Hill Music, the company has confirmed. Terms of the deal were not disclosed, but I hear the price tag was $50 million.

Round Hill will receive a 100% …