{"id":191258,"date":"2024-01-22T11:42:32","date_gmt":"2024-01-22T11:42:32","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=191258"},"modified":"2024-01-22T11:42:32","modified_gmt":"2024-01-22T11:42:32","slug":"harbourview-equity-partners-buys-select-recorded-and-publishing-assets-from-rb-artist-jeremih","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/harbourview-equity-partners-buys-select-recorded-and-publishing-assets-from-rb-artist-jeremih\/","title":{"rendered":"HarbourView Equity Partners buys &#8216;select recorded and publishing assets&#8217; from R&amp;B artist Jeremih"},"content":{"rendered":"<p class=\"p1\">R&amp;B singer-songwriter Jeremih has partnered with investment firm HarbourView Equity Partners in a deal that sees the acquisition of \u201cselect recorded and publishing assets\u201d from the artist&#8217;s catalog.<\/p>\n<p class=\"p1\">The agreement expands HarbourView\u2019s presence in the R&amp;B and hip-hop space. Jeremih, known for his fusion of R&amp;B, hip-hop, and pop, as well as his smooth vocals and catchy melodies, boasts chart-topping hits like <i><strong>Birthday Sex, Oui,<\/strong> <\/i>the 5x multi-Platinum certified hit <strong><i>Don&#8217;t Tell Em,<\/i><\/strong> as well as <strong><i>All The Time, Down on Me, <\/i><\/strong>and<strong><i> Impatient.<\/i><\/strong><\/p>\n<p class=\"p1\">His debut hit single, <i>Birthday Sex, <\/i>remained on the <strong>Billboard Top 10 chart<\/strong> for\u00a020 weeks in 2009. On Spotify, <i>Birthday Sex<\/i> has amassed over <strong><a href=\"https:\/\/open.spotify.com\/track\/16XNk3bVCSHXN1rlwbXtHb?si=04e5c2e51f3042bf\" target=\"_blank\" rel=\"noopener\">439 million streams<\/a><\/strong> to date.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__tweeny hidden-xs hidden-ms hidden-sm\" data-loaded=\"no\" data-sizes=\"992 1200 1440\" data-name=\"628x90 Sponsor banner #5 (992+1200+1440)\" data-params=\"dfp_sponsor5_628\" id=\"dfp_sponsor5_628\"><\/div>      <div class=\"mb-advert mb-advert__banner mb-advert__banner--inline hidden-xs hidden-sm hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"480\" data-name=\"468x60 Sponsor banner #5 (480)\" data-params=\"dfp_sponsor5_468\" id=\"dfp_sponsor5_468\"><\/div>      <div class=\"mb-advert mb-advert__mobile mb-advert__mobile--inline hidden-ms hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"320 768\" data-name=\"300x50 Sponsor banner #5 (320+768)\" data-params=\"dfp_sponsor5_300\" id=\"dfp_sponsor5_300\"><\/div>      <\/div>      <\/p>\n<p class=\"p1\">Since the track\u2019s success, the artist has dropped three studio albums and collaborated with major artists such as <strong>50 Cent, YG, Lil Wayne, <\/strong>and<strong> Ty Dolla $ign,<\/strong> among others.<\/p>\n<p class=\"p1\"><i>Don\u2019t Tell \u2018Em<\/i>, released in 2014, earned Jeremih an <strong>iHeart Radio Music Award<\/strong> for Hip-Hop\/R&amp;B Song of the Year. The artist also secured a Grammy nomination for best R&amp;B performance for hit song <i>Planes. <\/i>Jeremih has over <a href=\"https:\/\/open.spotify.com\/artist\/3KV3p5EY4AvKxOlhGHORLg?si=hu0sf27sSHWOaL4JUZY2Dw\" target=\"_blank\" rel=\"noopener\"><strong>13 million monthly listeners<\/strong> <\/a>on Spotify and over <a href=\"https:\/\/www.youtube.com\/channel\/UCBYpEIgqByL9n0VBnEC5SLQ\" target=\"_blank\" rel=\"noopener\"><strong>2.5 million YouTube subscribers<\/strong><\/a>.<\/p>\n<blockquote>\n<p class=\"p1\">\u201cJeremih\u2019s hit songs including <i>Oui, All The Time <\/i>and <i>Don&#8217;t Tell Em<\/i> experienced far reaching success, transcending global audiences and cultures and paved the way for a new generation of R&amp;B artists.\u201d<\/p>\n<p><span style=\"color: #000000\"><strong>Sherrese Clarke Soares, HarbourView Equity Partners<\/strong><\/span><\/p><\/blockquote>\n<p class=\"p1\">HarbourView Equity Partners CEO and Founder <strong>Sherrese Clarke Soares<\/strong> said: \u201cJeremih\u2019s hit songs including <i>Oui, All The Time <\/i>and <i>Don&#8217;t Tell Em<\/i> experienced far reaching success, transcending global audiences and cultures and paved the way for a new generation of R&amp;B artists.\u201d<\/p>\n<p class=\"p1\">Financial terms of the deal were not disclosed. <strong>Heidy Vaquerano<\/strong> and <strong>Cynthia Katz<\/strong> of <strong>Fox Rothschild LLP<\/strong> served as legal counsel to HarbourView in the transaction, while Jeremih was represented by <strong>Guy Blake<\/strong> and <strong>Granderson Des Rochers<\/strong>.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #1\" data-params=\"dfp_spu1\" id=\"dfp_spu1\"><\/div>      <\/div>      <\/p>\n<p class=\"p1\">HarbourView, a Newark, NJ-based multi-strategy investment firm specializing in entertainment and media assets, has acquired over <strong>45<\/strong> music catalogs to date, spanning a number of genres, eras, and artists, boasting a diverse catalog of approximately <strong>26,500<\/strong> songs across both master recordings and publishing income streams. The company was founded by Soares, a former CEO of Tempo Music, in 2021.<\/p>\n<p class=\"p1\">The acquisition of some recorded and publishing assets from Jeremih\u2019s catalog came over a month after HarbourView amended its senior secured credit facility, led by <strong>Fifth Third Bank<\/strong>, to buy more music rights. The capacity of the credit facility has been<a href=\"https:\/\/www.musicbusinessworldwide.com\/harbourview-ups-credit-facility-by-100m-to-buy-more-music-rights12\/\" target=\"_blank\" rel=\"noopener\"> increased to <strong>$300 million<\/strong><\/a> from $100 million.<\/p>\n<p class=\"p1\">HarbourView\u2019s most recent deals include the acquisition of select publishing assets of country star <strong><a href=\"https:\/\/www.musicbusinessworldwide.com\/country-star-kane-brown-sells-select-publishing-assets-to-harbourview\/\" target=\"_blank\" rel=\"noopener\">Kane Brown<\/a><\/strong>, <a href=\"https:\/\/www.musicbusinessworldwide.com\/fleetwood-mac-christine-mcvie-harbourview-acquires\/\" target=\"_blank\" rel=\"noopener\"><strong>Christine McVie\u2019s<\/strong> share<\/a> of <strong>Fleetwood Mac\u2019s<\/strong> recorded music royalties from the late artist\u2019s estate and a share of \u201cselect\u201d recorded music and publishing assets from Grammy Award-winning artists <a href=\"https:\/\/www.musicbusinessworldwide.com\/pat-benatar-and-neil-giraldo-sell-select-recorded-music-and-publishing-assets-to-harbourview1\/\" target=\"_blank\" rel=\"noopener\"><strong>Pat Benatar and Neil Giraldo<\/strong><\/a>.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #2\" data-params=\"dfp_spu2\" id=\"dfp_spu2\"><\/div>      <\/div>      <\/p>\n<p class=\"p1\">In July, HarbourView bought \u201cselect recorded music and publishing assets\u201d of <a href=\"https:\/\/www.musicbusinessworldwide.com\/after-nellys-reported-50m-deal-with-harbourview-company-buys-select-recorded-music-and-publishing-assets-from-wiz-khalifa\/\" target=\"_blank\" rel=\"noopener\"><strong>Wiz Khalifa<\/strong><\/a>, which was announced just hours after it was revealed the company had acquired \u201cselect recorded music assets\u201d of <strong>Grammy Award<\/strong>-winning rapper <a href=\"https:\/\/www.musicbusinessworldwide.com\/nelly-sells-portion-of-catalog-to-harbourview-in-50m-deal-report\/\" target=\"_blank\" rel=\"noopener\"><strong>Nelly<\/strong><\/a>.<\/p>\n<p class=\"p1\">HarbourView\u2019s portfolio also includes publishing catalogs from country music artists<strong>\u00a0<a href=\"https:\/\/www.musicbusinessworldwide.com\/lady-a-brad-paisley-sell-publishing-catalogs-to-harbourview-equity-partners\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">Lady A and Brad Paisley<\/span><\/a><\/strong>,\u00a0the publishing catalog of Latin music superstar\u00a0<strong><a href=\"https:\/\/www.musicbusinessworldwide.com\/luis-fonsi-sells-catalog-to-sherrese-clarke-soares-harbourview-equity-partners111\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">Luis Fonsi<\/span><\/a>,<\/strong> <a href=\"https:\/\/www.musicbusinessworldwide.com\/harbourview-buys-big-loud-mountain-musics-publisher-share-of-songs-from-florida-georgia-line-catalog\/\" target=\"_blank\" rel=\"noopener\"><strong>Big Loud Mountain Music\u2019s<\/strong><\/a> publisher share of select songs from the catalog of country music duo <strong>Florida Georgia Line<\/strong>, the music publishing catalog of <strong>Incubus<\/strong>, and the catalog of <a href=\"https:\/\/www.billboard.com\/pro\/harbourview-acquires-soundhouse-biggest-acquisition-to-date\/\" target=\"_blank\" rel=\"noopener\"><strong>SoundHouse Acquisitions LLC<\/strong><\/a>.<\/p>\n<p class=\"p1\">On its <a href=\"https:\/\/www.harbourviewequity.com\/\" target=\"_blank\" rel=\"noopener\">website<\/a>, HarbourView says it has over <strong>$1 billion<\/strong> of investable capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The agreement expands HarbourView\u2019s already notable presence in the R&amp;B and hip-hop space<\/p>\n","protected":false},"author":38,"featured_media":191310,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[131657,131658,130914],"class_list":["post-191258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-harbourview-equity-partners","tag-jeremih","tag-sherrese-clarke-soares"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/191258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=191258"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/191258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/191310"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=191258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=191258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=191258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}