HarbourView Equity Partners continues to acquire R&B/hip-hop assets with its latest acquisition of certain publishing and recorded music assets from singer, songwriter and record producer Jeremih. Terms of the deal were not disclosed.
Jeremih's Hot 100 hits include “Birthday Sex” (which peaked at No. 4 in 2009) and “Oui” (which peaked at No. 19 in 2016). His 2014 hit “Don't Tell Em” with YG reached No. 6 and is RIAA certified five times platinum, and his 2010 track “Down On Me” featuring 50 Cent hit No. 4.
Among his three album catalog, Jeremih's 2009 album, Jeremiahis his chart-topper on the Billboard 200, peaking at No. 6. His entire album catalog has amassed 5.5 million album units in the US since his debut single, “Birthday Sex” in 2009.
“Jeremih's hit songs like 'Oui', 'All The Time' and 'Don't Tell Em' have been huge hits, transcending global audiences and cultures and paving the way for a new generation of R&B artists,” he said. the CEO of HarbourView Equity Partners; and founder Sherrese Clarke Soares in a statement.
HarbourView Equity's other R&B/hip-hop music acquisitions include songs by Nelly, Wiz Khalifa and the publishing catalog of songwriter and production duo Andre Harris and Vidal Davis, better known as Dre & Vidal. And while the firm was among the first private equity firms to delve into the R&B/hip-hop space, that's just one element of its overall investment strategy of mining alternative assets. The investment firm focuses on the entire entertainment and media space, including music, film, television and sports. His musical catalog spans many genres and eras, consisting of more than 26,000 songs across major recording and publishing streams.
For the Jeremih deal, Heidy Vaquerano and Cynthia Katz of Fox Rothschild LLP served as legal advisors to HarbourView on this transaction. Jeremih was represented by Guy Blake and Granderson Des Rochers.
from our partners at https://www.billboard.com/business/business-news/jeremih-sells-music-catalog-assets-harbourview-1235584944/