Swedish House Mafia, the renowned electronic dance music trio, has reportedly sold their music catalogue and masters to Pophouse, a Swedish music publishing company. The financial details of the deal have not been disclosed.

According to Pophouse's press release, the acquisition includes "all of Swedish House Mafia's publishing rights and master recordings." This transaction marks a significant expansion for Pophouse, which already represents a vast catalog of Swedish and international songwriters.

The sale of music rights has become increasingly popular in the music industry. Types of Music Rights include publishing rights (lyrics and compositions) and master recording rights (recorded performances). Music rights societies, such as ASCAP and BMI, manage the licensing of these rights to various entities, ensuring artists receive royalties for their work.

Swedish House Mafia, consisting of Axwell, Ingrosso, and Angello, rose to fame in the late 2000s and early 2010s with their electrifying live shows and chart-topping hits like "Don't You Worry Child" and "One (Your Name)." Their departure from the music scene in 2013 left fans wondering about their future in the industry. However, in 2018, they reunited for a series of performances, fueling speculation about new music and potential collaborations.

With the acquisition of Swedish House Mafia's catalog, Pophouse gains control over the revenue generated from the trio's extensive discography. The financial implications of this deal remain unclear, but it is certain that it will impact both Pophouse and Swedish House Mafia's future endeavors.

For more information on music rights and the music industry, check out Music Business Worldwide and Billboard.