Sherrese Clarke Soares, Founder & CEO of HarbourView Equity Partners, discusses the trend of artists selling their music catalog and the resiliency of the music asset class. They also explore the role of technology in making music rights investable and the potential of AI in transforming data engagement in the music industry.
Investing in music rights provides a non-correlated asset with long-term value and resiliency.
Selling music catalogs allows artists to pass on their legacy to heirs and explore new opportunities.
Deep dives
Resilience and Opportunity in Business
Understanding risks and preparing for the future is crucial for businesses to remain resilient. By recognizing and assessing risks, businesses can turn them into opportunities.
Growing Market for Music Catalogs
The market for buying music rights has become a mainstream financial asset, driven by advances in technology and rich data that allow for better evaluation. Investing in music rights provides a non-correlated asset with long-term value and resiliency.
Reasons for Selling Music Catalogs
Artists sell their music catalogs for various reasons, including estate planning, creating liquidity, and gaining agency over their careers. Selling catalogs allows artists to pass on their legacy to heirs and explore new opportunities, while investors can offer expertise and resources to efficiently navigate this highly fragmented industry.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Sherrese Clarke Soares, Founder & CEO of HarbourView Equity Partners, discusses the business of buying music rights as an investment against a relatively challenging market environment. Hosts: Tim Stenovec and Sonali Basak. Producer: Paul Brennan.