Other recent deals include Chordal's addition of more licensing partners and ROXi's pact to bring its interactive music video platform to 31 U.S. markets.
Under the partnership deal, founders Erin Kelly-Burkett and Michael John Burkett will step back from the label while forgiving $3.5 million in unrecouped balances for Fat Wreck artists.
One report puts the purchase price for the minority stake at $200 million.
Sources say the band is seeking around $350 million for the assets.






