6 days ago
HarbourView Buys Royalty Rights From 'Say My Name,' 'Stay With Me' Producer Rodney 'Darkchild' Jerkins (Exclusive)
HarbourView Equity Partners has acquired the rights to the producer royalty income streams of Grammy-winning producer-songwriter Rodney 'Darkchild' Jerkins, the company confirmed to The Hollywood Reporter on Wednesday.
The acquisition marks another notable deal around Jerkins' catalog, following the producer selling his publishing catalog to Recognition Music Group (formerly Hipgnosis Songs Fund) back in 2020. HarbourView declined to share financial details of the acquisition. Chapter Two, a Swedish music company specializing in music rights transactions, helped facilitate the deal, HarbourView said.
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With the purchase, HarbourView is getting Jerkins' recorded royalties on iconic hits like Brandy and Monica's 'The Boy Is Mine,' Whitney Houston's 'It's Not Right but It's Okay,' Destiny Child's 'Say My Name,' Lady Gaga's 'Telephone' featuring Beyoncé, Justin Bieber's 'As Long As You Love Me,' and Sam Smith's 'Stay With Me.' Jerkins is set to be inducted into the Songwriters Hall of Fame next month.
'At HarbourView, our mission is to curate a canon of work that represents the very best of global culture which is why it is essential that the contributions of legendary creators like Rodney Jerkins continue to be recognized, preserved, and celebrated,' Sherrese Clarke, HarbourView's founder and CEO, said in a statement. 'We are honored to welcome him to the HarbourView family and humbled by his decision to join us.'
Prior to the Darkchild deal, HarbourView had acquired rights from major artists, writers and producers, including T-Pain, Pat Benatar, Kane Brown, Luis Fonsi, James Fauntleroy, Wiz Khalifa and Christine McVie of Fleetwood Mac, among others. Fox Rothschild was HarbourView's legal counsel in the acquisition, while Pamela L. Klein of Rossi Baldivia Klein Fine & Spector, P.C. represented Jerkins.
'HarbourView truly understands the value of music and the people who create it,' Jerkins said. 'Music creators deserve respect and clarity when it comes to selling their life's work, and working with both HarbourView and Chapter Two has made that process feel seamless.'
Michael Traore, Chapter Two's CEO, called the deal 'a clear sign that creators are realizing the true value of their work faster and more transparently than ever before.'
Traore said, 'Rodney is setting a new benchmark in the industry, and we thank HarbourView for their vision in working with us.'
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