HarbourView Equity Partners has acquired the publishing catalog of multi-Platinum band Lady A and country megastar Brad Paisley.
Terms of the transaction were not disclosed, but Bloomberg reported that Paisley sold his recorded music rights in a deal worth $25 million.
Paisley has earned his place in country music history as one of the genre's most talented and decorated male solo artists. Over the past 20+ years, Paisley's songwriting and unmatched showmanship have won him numerous awards, including three Grammys, two American Music Awards, 14 Country Music Association Awards and 15 Academy of Country Music Awards
Over the course of their decade-plus career, Lady A have become one of the 21st century's premier vocal groups. Built around rich vocal harmony, vivid emotional writing and a smooth fusion of Country, rock and pop, Lady A have long been a model of mainstream success, ushering more than 18 million album units, 34 million tracks sold, nearly five billion digital streams and 11 No. One hits.
Since launching just nine months ago, HarbourView has acquired more than 36 catalogs. The global alternative asset management company founded by Sherrese Clarke Soares has acquired a portfolio featuring thousands of titles spanning numerous genres and decades.
Most recently the company acquired the catalogs of rock band Hollywood Undead, multi-Grammy Award winning duo Dre & Vidal, and global superstar Luis Fonsi.
(Photo: Toiete Jackson)
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