HarbourView Equity Partners has acquired Lady A’s publishing catalog and Brad Paisley’s recorded music rights.
HarbourView launched just nine months ago and has since acquired the catalogs of 35 artists. The company is focused on investment opportunities in the media and entertainment space, with the latest two acquisitions focusing on the country music genre.
Bloomberg reports that Brad Paisley has sold his recorded music rights in a deal worth $25 million. Paisley has been a member of the Grand Ole Opry since 2001 and has written 21 of its 24 number 1 hits. He was also the first artist to achieve 10 consecutive Billboard Country Airplay #1 singles in the mid-2000s. The deal only covers paisley master recordings.
In addition to the Brad Paisley deal, HarbourView Equity Partners has also acquired the publishing catalog of multi-Platinum band Lady A. The trio are best known for their 9x Platinum hit, “Need You Now”, which is the song the most certified. by a group of countries.
The group has sold over 18 million albums, 34 million tracks and amassed nearly five billion digital streams with 11 No. 1 hits in the catalog. Lady A consists of Hillary Scott, Charles Kelley and Dave Haywood. Terms of the deal with Lady A were not disclosed in the press release.
Sherrese Clarke Soares launched HarbourView Equity Partners in October 2021. The global asset manager has entered into a strategic partnership with Apollo Global Management, which is HarbourView’s lead investor.
“I created HarbourView because I truly believe content has the ability to amplify global perspectives and change the world,” Sherrese Clarke Soares said at the time. “The keys to global culture are held by content creators who have rarely been appropriately valued for their contribution to the world. At HarbourView, we believe top-notch content creators deserve a seat at the table, creatively and economically, to own their story and maximize value for all.