HarbourView Equity Partners, the global alternative asset management firm founded by Sherrese Clarke Soaresacquired the country star’s catalog of recorded music rights Brad Paisley and the Multi-Platinum Band Edition Catalog Lady A.
Paisley is one of the most decorated solo artists of the genre. Over the past 20 years, Paisley’s writing and directing has earned him numerous awards, including three Grammys, two American Music Awards, 14 CMA Awards and 15 ACM Awards, among others. A member of the Grand Ole Opry since 2001, Paisley wrote 21 of his 24 No. 1 hits and became the first artist to achieve 10 consecutive hits. Billboard Country Airplay #1 singles, amassing nearly 4 billion on-demand streams in its catalog.
Since debuting over a decade ago, Lady A has released over 18 million album units, 34 million tracks sold, nearly five billion digital streams and 11 No. 1 hits. The trio, consisting of Hillary Scott, Charles Kelley and David Haywoodearned the biggest first-week streams of their career with their #1 album Ocean. Known for their 9x Platinum hit “Need You Now”, which is the most certified song by a country group, they have won CMA Vocal Group of the Year awards three years in a row, as well as five Grammy awards, Billboard Music Awards, and more, and were recently inducted as members of the Grand Ole Opry.
Since launching nine months ago, HarbourView has acquired over 35 catalogs to date. Paisley and Lady A are the first publicly announced catalog deals in the country genre. Other catalogs HarbourView has acquired include Hollywood walking dead, Dr & Vidaland Luis Fonsi.
Fox Rothschild LLP acted as counsel to HarbourView in connection with the transaction. Paisley and Lady A are represented by Greenberg Traurig, LLP’s Jess L. Rosen. The terms of these transactions were not disclosed.