HarbourView Equity Partners has made waves in the music industry by acquiring a share of Fleetwood Mac’s record royalties, previously owned by the late Christine McVie’s estate. The deal, the financial details of which remain undisclosed, marks a significant development in the realm of music catalog acquisitions.
Founder of HarbourView Equity Partners, Sherrese Clarke Soares, expressed her gratitude for this partnership.
“We are fortunate and blessed that the estate of Christine McVie chose to partner with our firm. We look forward to welcoming more and diverse repertoire into our catalog. We take a long-term view on these assets and look to be the forever owner, partnering with the artists and estates to cement their legacy.”
Christine McVie, a prominent former member of Fleetwood Mac, played a pivotal role in the band’s iconic songs, including ‘Think About Me,’ ‘Hold Me,’ ‘Little Lies,’ ‘You Make Loving Fun,’ ‘Don’t Stop,’ and ‘Songbird,’ contributing both as a songwriter and vocalist. Her passing in November 2022 due to a stroke marked a significant loss for the music community.
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Paul Glass and Martin Wyatt, McVie’s business manager and personal manager, represented her estate in this recent deal.
The transaction took place several months after McVie reached an agreement concerning the copyright of her 115-song catalog, including her contributions to Fleetwood Mac’s extensive discography, with Hipgnosis.
This move by McVie’s estate follows similar decisions made by her former bandmates. Lindsey Buckingham sold 100% of the publishing rights to his music to Merck Mercuriadis’ company in 2021, while Mick Fleetwood secured a deal for the rights to fifteen Fleetwood Mac albums with BMG.
Additionally, other Fleetwood Mac members, including Stevie Nicks, have engaged in strategic catalog deals. Primary Wave acquired a significant portion of Stevie Nicks’ catalog, encompassing timeless hits like ‘Dreams,’ ‘Landslide,’ ‘Rhiannon,’ and ‘Edge of Seventeen,’ a few years ago.