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.