Music Business Worldwide (MBW)

On the latest Music Business Worldwide (MBW) podcast, MBW founder Tim Ingham is joined by Sherrese Clarke Soares, founder and CEO of HarbourView Equity Partners. HarbourView has earned plenty of headlines since it was founded in 2021. Under Soares, the company has acquired premium recorded music and publishing assets performed by stars such as Wiz Khalifa, Nelly, Lady A, Florida Georgia Line and the late, great Christine McVie. One of HarbourView’s biggest deals to date is its reported $325 million purchase of SoundHouse Acquisitions LLC in 2022, a catalog that includes royalty streams for songs by artists such as Tech N9ne, George Jones and Trey Songz. HarbourView has made all of these acquisitions with the financial backing of Apollo Global Management, Inc., who partnered with Soares to launch the firm. (Apollo recently partnered with Sony Music Group via a $700 million investment which is believed to have partly funded Sony's buyout of Queen's catalog.) Over the past year, HarbourView has expanded its remit beyond music into other entertainment verticals, a good example being its investment in content company Mucho Mas Media, which produced the Netflix hit The Long Game. (It's also continued to buy in music: subsequent to Ingham's interview with Soares, Harbourview confirmed its acquisition of a select publishing catalog from Grammy-winning James Fauntleroy.) In March 2024, HarbourView announced a new source of funding for future deals, having secured $500 million in debt from KKR via a private securitization of its catalog of music royalties. Sherrese Clarke Soares is well-versed in the financialization of entertainment rights. Prior to starting HarbourView, between 2019 and 2021 she led Tempo Music, a pioneering music acquisition vehicle created with and bankrolled by Providence Equity Partners. Before that, she spent 10 years at Morgan Stanley, where – between 2017 and 2019 – she founded and led the development of the firm's entertainment, media and sports structured solutions platform. On this podcast, Ingham talks to Soares about HarbourView’s ambitions in the music and entertainment space, the apparent recent slowdown in streaming growth, the impact of elevated interest rates on music M&A, and much more. Read abridged/edited highlights from their conversation, or listen to the full podcast, here... Thanks to Voly Entertainment for the support. #Podcasts #musicbusiness #musicindustry

Live Nation Entertainment just majority-acquired a Hollywood influencer management company. Here’s why that matters. Read the full article here: https://lnkd.in/eX_YmdeW #LiveNation #musicindustry

Congrats to Katie Kerkhover Katie K. who has been promoted to Senior Vice President, A&R, Frontline Recordings, North America at BMG - The New Music Company. #musicindustry #musicbusiness Read more here: https://lnkd.in/ehTNXkqY

"We are just at the tip of the iceberg in terms of exploring the true potential of South Asian music and the artists. The presence is truly felt, both in terms of music and consumption." MBW’s World Leaders is a regular series in which we turn the spotlight toward some of the most influential industry figures overseeing key international markets. This time, we meet Jay Mehta, Managing Director, Warner Music India & SAARC Thanks to PPL for the support. Warner Music Group #musicindustry #warnermusic #musicbusiness

Red Roze Records are seeking an experienced LA based Artist Development Manager. 5+ years of A&R, record label, music publishing, project / product management, artist management experience required. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting

From Drake's legal action to Spotify execs' big cash-out... don't miss MBW's latest Weekly Round-Up, where we make sure you caught the five biggest stories to hit our headlines over the past seven days. Thanks to Centtrip Ltd for the support. Read the full Round-Up here: https://lnkd.in/e8Kj9W7h #musicindustry #Spotify #musicbusiness #Drake

Congrats to Azi Eftekhari who has been named Chief Operating Officer at Sony Music UK #musicindustry #SonyMusic Sony Music Entertainment Read more here: https://lnkd.in/eHw4_-9U

The most popular artist on Spotify right now hasn’t released a new solo album for eight years. Quite a stat, right? That artist is Bruno Mars, who’s riding high off both his evergreen catalog of hits, plus two new-ish global smash duets: ⚰️ Die With A Smile with Lady Gaga, released in August, has just surpassed a billion Spotify streams; 🌹 APT. with ROSÉ released in October, is closing in on half a billion Spotify streams. Full story: https://lnkd.in/ex9tdEPh #rose #BrunoMars #Ladygaga #musicindustry

This week's Job of the Week is for Pure Represents, who are looking for an experienced Contracts Manager with a solid understanding of the live industry to join their busy, London based team. 3+ years experience in a contracting role within entertainment/media (preferably music) required. #musicindustry #musicjobs #jobsearch #jobsearching #jobhunt #jobhunting

"The global strategy for Japanese music has just begun. I believe that rather than focusing on a one or two-year perspective, we need to aim for a five or 10-year outlook. Even taking a different approach to current K-POP practices, we aim to work towards global expansion that can follow in K-POP's footsteps." MBW’s World Leaders series meets Manubu Tsujino, President of Sony Music Labels, the recorded music division of Sony Music Entertainment Japan. Thanks to PPL for the support. https://lnkd.in/e4Z6CJfU #Japan #musicindustry #musicnews