Christine McVie's estate and Pat Benatar join the likes of superstars including Bob Dylan and Bruce Springsteen in selling their music rights.
have both closed deals to sell rights to their music to the acquisition firm HarbourView Equity Partners, the company tellsMcVie’s estate has sold her stake in Fleetwood Mac’s recorded music, which includes shares in hits like the McVie-sung tracks “Songbird” and “Say You Love Me,” along with other band staples “Go Your Own Way,” “The Chain” and “Dreams.
“She’s iconic. Christine wrote those beautiful, melodic pop songs, and it was Christine who really kept them together as Fleetwood Mac’s guiding star,” Clarke Soares says. “Being able to participate in the legacy of Fleetwood Mac but also to align with a female rock icon as a female-owned and run firm doesn’t happen every day, it’s special. Christine’s no longer with us, but she was obviously such a major and important force in the world of rock and roll.
Hip-hop hadn’t drawn as many buyers in the earlier days of the catalog hikes in part because investors often focus on mature catalogs that have less risk in depreciating in value as they grow older. But as Soares says, plenty of older hip-hop has matured enough to be stable, its demographic has more income than when the music first released, and it still has room to grow in the streaming era, which she says makes the music a promising asset.
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