Entertainment asset investment company worthy of attention

July 7, 2023

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In recent years, there has been a growing trend of private equity firms and other investors acquiring music rights. This is driven by several factors, including the increasing value of music assets and growing demand for music streaming services.

according to ReportIt is estimated that by 2030, the global music streaming market will reach US$103.07 billion. The compound annual growth rate from 2022 to 2030 is expected to reach 14.7%.

This growing interest can be seen as a positive trend in the music industry. It signifies an increased demand for music and recognizes the importance of compensating artists and songwriters for their creative efforts. Furthermore, this trend creates new opportunities for investors to participate in and contribute to the music industry.

Harbor View Equity Partner is a global investment firm focused on investment opportunities in the entertainment and media sectors. The firm was founded in 2021 by Sherrese Clarke Soares, a veteran investment banker with more than 20 years of experience in the entertainment and media industries.

HarbourView Equity Partners’ investment strategy is to acquire music rights from artists and labels and then exploit those rights in a variety of ways. This includes licensing music for use in films, television shows, and commercials; creating new derivative works from music; and distributing music through digital platforms.

Since its inception in 2021, the company has acquired a diverse portfolio of thousands of songs spanning numerous genres, eras and artists, including more than 20,000 songs in master recordings and publishing revenue streams.

HarbourView Equity Partners has made at least two high-profile acquisitions of music assets this month alone. Yesterday, the company announced the acquisition of a royalty income stream from Grammy-winning rapper Nelly’s select recorded music assets. The deal includes some of Nelly’s most popular tracks, such as “Hot in Herre” and “Dilemma.”

Clark Suarez in a press release Said: “This catalog has had an incredible impact on generations of fans. Works such as ‘Hot in Herre’ and ‘Shake Ya Tailfeather’ undeniably defined an era of music that uniquely blended hip-hop, R&B and country. Our Excited to add these influential works to our repertoire and work with the team to continue supporting the arts in our ecosystem.”

On the same day, the company also announced that it had reached an agreement with Wiz Khalifa for part of its product catalog. The deal, which includes “See You Again,” “Black and Yellow,” and “The Thrill,” covers “the rapper’s prolific career, with dozens of albums, mixtapes, and partnerships with some of the entertainment industry’s biggest names.” Collaboration with big names.” The exchange’s financials were not disclosed.

Clark Suarez spoke on the acquisition. “As a musician, executive, media visionary and creative force, Wiz Khalifa has had a profound impact on culture,” she said. “We celebrate his talent and creativity and are delighted to welcome him and his team to the Harborview family today.”

Wiz Khalifa himself added: “Sherrese and HarbourView truly understand the value of music and the arts. We are delighted to be working with them and they will continue to build a dynamic media company that aligns with the values and goals of all of us.”

In addition to music properties, HarbourView Equity Partners also invests in other types of entertainment properties. In March, the company made its first major investment in the field of film and television, announcing its investment in the multi-platform media company MACRO, which was founded by Charles D. King.

The deal brings together two respected black businesses in the entertainment industry. Suarez and King share a vision of promoting diversity and authenticity in content creation.

Harbourview’s investment is part of MACRO’s new investment of more than $900,000. The investment funds will be used to expand and expand the business in MACRO’s existing business verticals and to diversify its revenue streams.

The entertainment industry is constantly changing, but one constant is the demand for music. As new technologies emerge and new ways of consuming music develop, the value of music rights will only continue to increase.