HarbourView Fairness Companions mentioned on Thursday (Could 29) that it has acquired “choose catalog belongings” from Grammy Award-winning producer and singer-songwriter Rodney “Darkchild” Jerkins.
The Hollywood Reporterstories that HarbourView has acquired Jerkins’ producer royalty revenue 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 Earnings in his early works and 100% of his Publishing curiosity and Author’s Share of Earnings in his later works, which in complete comprise 982 songs.
HarbourView mentioned that the newest deal was facilitated by Chapter Two, a Swedish music know-how firm that, in response to the official announcement, “makes a speciality of superior royalty information analytics and music rights transactions.”
“This transaction is a transparent signal that creators are realizing the true worth of their work sooner 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 most important names in music, together with Michael Jackson, Beyoncé, Whitney Houston, Woman Gaga, Justin Bieber, Drake, SZA, Monica, Toni Braxton, and Mary J. Blige.
His listing 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 Youngster’s No.11 pop hit Say My Identify which gained the Grammy for Finest R&B Music in 2000, Justin Bieber’s As Lengthy As You Love Me, Woman Gaga/Beyonce’s Phone, H.E.R.’s Arduous Place, Sam Smith’s Keep With Me which gained a Grammy Award for “File of the 12 months” in 2014, and lots of extra.
Since its inception in 2021, HarbourView stories to have amassed roughly $2.67 billion in regulatory belongings beneath administration together with over 75 music catalogs thus far and investments in two media manufacturing corporations, MACRO and Mucho Mas Media.
The agency says its catalog options greater than 41,000 songs throughout each grasp recordings and publishing revenue streams.
The corporate’s portfolio of music belongings 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 12 months, Founder and CEO Sherrese Clarke mentioned HarbourView has a “world viewers body” and is “targeted on constructing an funding agency throughout the leisure, media, and sports activities segments. We put money into 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 High quality & 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 perfect of world 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 in relation to promoting their life’s work, and dealing with each HarbourView and Chapter Two has made that course of really feel seamless.”Music Enterprise Worldwide
