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HarbourView Fairness Companions mentioned on Thursday (Might 29) that it has acquired “choose catalog property” from Grammy Award-winning producer and singer-songwriter Rodney “Darkchild” Jerkins.
The Hollywood Reporterexperiences that HarbourView has acquired Jerkins’ producer royalty earnings streams. Phrases of the transaction weren’t disclosed.
The transaction arrives 4 years after Jerkins struck a deal with Hipgnosis Songs Fund, which on the time mentioned it acquired 100% of Jerkins’ Author’s Share of Revenue in his early works and 100% of his Publishing curiosity and Author’s Share of Revenue in his later works, which in complete comprise 982 songs.
HarbourView mentioned that the newest deal was facilitated by Chapter Two, a Swedish music expertise firm that, in line with the official announcement, “focuses on superior royalty information analytics and music rights transactions.”
“This transaction is a transparent signal that creators are realizing the true worth of their work quicker and extra transparently than ever earlier than,” mentioned Michel Traore, CEO of Chapter Two.
“Rodney is setting a brand new benchmark within the business, and we thank HarbourView for his or her imaginative and prescient in working with us.”
Jerkins is a multi-Grammy Award-winner who has labored with the largest names in music, together with Michael Jackson, Beyoncé, Whitney Houston, Girl Gaga, Justin Bieber, Drake, SZA, Monica, Toni Braxton, and Mary J. Blige.
His record of megahits consists of Joe’s Don’t Wanna Be a Participant, Mary J. Blige/Lil’ Kim’s I Can Love You, Brandy & Monica’s The Boy is Mine, Monica’s Angel of Mine, Future’s Little one’s No.11 pop hit Say My Identify which received the Grammy for Finest R&B Tune in 2000, Justin Bieber’s As Lengthy As You Love Me, Girl Gaga/Beyonce’s Phone, H.E.R.’s Exhausting Place, Sam Smith’s Keep With Me which received a Grammy Award for “Report of the 12 months” in 2014, and plenty of extra.
Since its inception in 2021, HarbourView experiences to have amassed roughly $2.67 billion in regulatory property below administration together with over 75 music catalogs to this point and investments in two media manufacturing firms, MACRO and Mucho Mas Media.
The agency says its catalog options greater than 41,000 songs throughout each grasp recordings and publishing earnings streams.
The corporate’s portfolio of music property consists of T-Ache, James Fauntleroy, George Benson, Noel Zancanella, Fleetwood Mac’s Christine McVie, Pat Benatar, Neil Giraldo, Nelly, Jeremih, Wiz Khalifa, Kane Brown, Full Drive and extra.
“Rodney is setting a brand new benchmark within the business, and we thank HarbourView for his or her imaginative and prescient in working with us.”
Michel Traore, Chapter Two
In an interview with MBW final yr, Founder and CEO Sherrese Clarke mentioned HarbourView has a “world viewers body” and is “centered on constructing an funding agency throughout the leisure, media, and sports activities segments. We spend money on issues outdoors of music [and] what that creates is a really wealthy ecosystem. It’s greater than buying solely music and music catalogs.”
Fox Rothschild served as authorized counsel to HarbourView on this transaction. Jerkins was represented by Pamela L. Klein of Rossi Baldivia Klein Advantageous & Spector, P.C.
“We’re honored to welcome him to the HarbourView household and humbled by his choice to hitch us.”
Sherrese Clarke
“At HarbourView, our mission is to curate a canon of labor that represents the easiest of worldwide tradition which is why it’s important that the contributions of legendary creators like Rodney Jerkins proceed to be acknowledged, preserved, and celebrated,” mentioned Sherrese Clarke, Founder and CEO of HarbourView.
” We’re honored to welcome him to the HarbourView household and humbled by his choice to hitch us.”
“HarbourView really understands the worth of music and the individuals who create it.”
Rodney ‘Darkchild’ Jerkins
Rodney ‘Darkchild’ Jerkins added: “HarbourView really understands the worth of music and the individuals who create it.
“Music creators deserve respect and readability on the subject of promoting their life’s work, and dealing with each HarbourView and Chapter Two has made that course of really feel seamless.”Music Enterprise Worldwide
