R&B singer-songwriter Jeremih has partnered with investment firm HarbourView Equity Partners in a deal that sees the acquisition of “select recorded and publishing assets” from the artist’s catalog.
The agreement expands HarbourView’s presence in the R&B and hip-hop space. Jeremih, known for his fusion of R&B, hip-hop, and pop, as well as his smooth vocals and catchy melodies, boasts chart-topping hits like Birthday Sex, Oui, the 5x multi-Platinum certified hit Don’t Tell Em, as well as All The Time, Down on Me, and Impatient.
His debut hit single, Birthday Sex, remained on the Billboard Top 10 chart for 20 weeks in 2009. On Spotify, Birthday Sex has amassed over 439 million streams to date.
Since the track’s success, the artist has dropped three studio albums and collaborated with major artists such as 50 Cent, YG, Lil Wayne, and Ty Dolla $ign, among others.
Don’t Tell ‘Em, released in 2014, earned Jeremih an iHeart Radio Music Award for Hip-Hop/R&B Song of the Year. The artist also secured a Grammy nomination for best R&B performance for hit song Planes. Jeremih has over 13 million monthly listeners on Spotify and over 2.5 million YouTube subscribers.
“Jeremih’s hit songs including Oui, All The Time and Don’t Tell Em experienced far reaching success, transcending global audiences and cultures and paved the way for a new generation of R&B artists.”
Sherrese Clarke Soares, HarbourView Equity Partners
HarbourView Equity Partners CEO and Founder Sherrese Clarke Soares said: “Jeremih’s hit songs including Oui, All The Time and Don’t Tell Em experienced far reaching success, transcending global audiences and cultures and paved the way for a new generation of R&B artists.”
Financial terms of the deal were not disclosed. Heidy Vaquerano and Cynthia Katz of Fox Rothschild LLP served as legal counsel to HarbourView in the transaction, while Jeremih was represented by Guy Blake and Granderson Des Rochers.
HarbourView, a Newark, NJ-based multi-strategy investment firm specializing in entertainment and media assets, has acquired over 45 music catalogs to date, spanning a number of genres, eras, and artists, boasting a diverse catalog of approximately 26,500 songs across both master recordings and publishing income streams. The company was founded by Soares, a former CEO of Tempo Music, in 2021.
The acquisition of some recorded and publishing assets from Jeremih’s catalog came over a month after HarbourView amended its senior secured credit facility, led by Fifth Third Bank, to buy more music rights. The capacity of the credit facility has been increased to $300 million from $100 million.
HarbourView’s most recent deals include the acquisition of select publishing assets of country star Kane Brown, Christine McVie’s share of Fleetwood Mac’s recorded music royalties from the late artist’s estate and a share of “select” recorded music and publishing assets from Grammy Award-winning artists Pat Benatar and Neil Giraldo.
In July, HarbourView bought “select recorded music and publishing assets” of Wiz Khalifa, which was announced just hours after it was revealed the company had acquired “select recorded music assets” of Grammy Award-winning rapper Nelly.
HarbourView’s portfolio also includes publishing catalogs from country music artists Lady A and Brad Paisley, the publishing catalog of Latin music superstar Luis Fonsi, Big Loud Mountain Music’s publisher share of select songs from the catalog of country music duo Florida Georgia Line, the music publishing catalog of Incubus, and the catalog of SoundHouse Acquisitions LLC.
On its website, HarbourView says it has over $1 billion of investable capital.
Music Business Worldwide