Calvin Harris Sells Publishing Catalog to Vine Investment Firm for Estimated $90 Million-Plus

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Calvin Harris sells his publishing catalog to Vine Alternative Investments for more than $90 million.

, accumulating more than 30 billion combined audio and video streams over his career history, according to a press release from Vine. His numerous accolades include earning a best music video Grammy Award in 2013 for"We Found Love" , four MTV Video Music Awards and also in 2013, the prestigious Ivor Novello Award for songwriter of the year.

"We approach the music space the same way we have always approached the film and TV space, with an eye for and an appreciation of, the world’s most iconic content," added Vine's partner in charge of music sector investments,."The addition of Calvin Harris hits across multiple genres to our catalogs is a continuation of our pursuit of building a multi-genre media ecosystem that not only respects, but honors the artists we partner with.

Founded in 2006, Vine focuses on "unique, non-correlated investment opportunities in the media and entertainment sector," according to its website. It has invested close to $1.4 billion to that end, and marked its inaugural deal in music last month byHarris was advised byat King, Holmes, Paterno & Soriano, Thomas St. John at Thomas St. John and Gillespie. Vine was advised by

 

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NJWade_ Why would he? I—

Does this mean he doesn’t own his masters anymore?

He should've learned by how Led Zeppelin did it and got screwed.

That's the dumbest move an artist can make but nvm.

This is why music is garbage in the 21 century. An obscene amount of money for what? The money goes to the markIng guy because he’s a genius. The creators of the product get ripped off

Why? Needed the money

ok

tanked

nice!

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