Friday, July 07, 2023

Wiz Khalifa Sells a Portion of His Music Catalog


This week it was reported that rapper Nelly sold 50% of his music catalog to HarborView Equity Partners [click here if you missed that].

Now rapper Wiz Khalifa has followed suit...

From Variety
Wiz Khalifa‘s chart-topping titles “See You Again,” “Black & Yellow,” “The Thrill,” and countless others have been acquired in a new deal with HarbourView Equity Partners. Terms of the transaction were not disclosed though HarbourView was said to have purchased “select” recorded music and publishing assets.
Khalifa’s independent record, management company and lifestyle brand Taylor Gang has partnered HarbourView for the deal. Said Khalifa, “Sherrese [Clarke Soares, founder and CEO of HarbourView] and HarbourView truly understand the value of music and artistry. We are excited to partner with them as they continue to build a dynamic media company that is in line with the values and goals we all have here at Taylor Gang.”
HarbourView has been extremely active since launching in 2021, acquiring a portfolio featuring thousands of titles across numerous genres. Their latest acquisition was the recorded-music assets of Grammy-winning rapper-singer Nelly, Variety independently confirmed. The deal included half of Nelly’s recorded music such as “Ride Wit Me,” “Dilemma” featuring Kelly Rowland, and “Hot in Herre,” both of which topped the Billboard Hot 100 for multiple weeks.

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