Nelly joins the club - sells 50% of catalog for $50M to HarbourView Equity Partners

[Rev]

Nelly Gets $50 Million Deal for Half of His Music Catalog

Things are heating up for Nelly again, 'cause the dude's about to get a helluva lot richer after selling the rights to half of the music he's cranked out ... including his biggest hits.

www.tmz.com

Things are heating up for Nelly again, 'cause the dude's about to get a helluva lot richer after selling the rights to half of the music he's cranked out ... including his biggest hits.

Sources close to the rapper tell TMZ ... Nelly secured a $50 million deal for 50% ownership over his entire catalog -- which includes 8 albums and a ton of #1 singles that helped define pop culture in the 2000s.

We're told Nelly is teaming up with a company called HarbourView Equity Partners for this, which is forking over the dough to lock up some of his best-known songs ... such as, "Ride Wit Me," "Dilemma" and of course, "Hot in Herre." Obviously they're getting more than just that ... but those tracks are, by and large, the ones Nelly's perhaps best-known for.

 

[⭐⭐⭐⭐⭐]

so they are saying his catalog is worth $100 million …. Yet Logic’s is $60-$80 million

My most recent post about Nelly which I later recanted when I had learned his first album was mostly his demo which was produced by someone closed to him

Nelly was a super plant. There’s no way you’re telling me this guy’s work sounded good before multi-million dollar production budgets and there’s no way that man’s work bubbled up in the hood before he was discoveted. He was manufactured or auditioned for the role or something

Good luck finding any of his work before his breakout debut single

 

[Artificial Intelligence]

nelly lost if he sold his best songs for only $50 million.. logic got high 8 figures for his shyt.

 

[ORDER_66]

Who the fukk is Harbour view Equity partners??!? shyt sounds machine made upor something...

 

[BrothaZay]

Seems low for Nelly. He was literally the hottest rapper on the planet for a couple years

 

[I'm Blackman]

They lowballed Nelly based on logic numbers...but 50 Ms is hard to turn down. It irks me that black art isn't valued.

 

[iceberg_is_on_fire]

Seems low for Nelly. He was literally the hottest rapper on the planet for a couple years

I feel you breh.

Nelly got some bad advice somewhere down the line. I heard Ride Wit Me during the 4th of July parade I was at yesterday. He has stone cold classics under his belt.

Is he hurting for the cash flow?

 

[Fani Willis fan]

Everytime one of these reports come out another lukewarm artist sees it and calls their agent

None of us will know the ramifications of these deals for a while, I get wanting to go for the short 50 mil-300 mil while you still young. Nelly gonna feel like its 2002 again.

 

[maxamusa]

andele andele mama EI EI
UGHTTT OHHHHHH


what's popping tonite

 

[steadyrighteous]

People keep comparing how much one person got against how much another person got...

You can only compare the prices if both artists each own 100% of their own music.

What if Logic owns more of his own music than Nelly owns of his?

 

[Tasha And]

This one seems like Nelly might have gotten finessed. And I've never once said that in one of these selling of the catalog threads.

Just heard Hot in Herre in the new Jennifer Lawrence movie where she twerks for that cac. Nelly's hottest singles are always going to be used in movies and ads. If he sold all of his good material for $50m and only got left with his records that don't move the needle, then he effectively sold everything worth anything for just $50m.

Then again, does this include masters and publishing, or just publishing? And what percentage of his music did Nelly own in the first place?

 

[Artificial Intelligence]

This one seems like Nelly might have gotten finessed. And I've never once said that in one of these selling of the catalog threads.

Just heard Hot in Herre in the new Jennifer Lawrence movie where she twerks for that cac. Nelly's hottest singles are always going to be used in movies and ads. If he sold all of his good material for $50m and only got left with his records that don't move the needle, then he effectively sold everything worth anything for just $50m.

Then again, does this include masters and publishing, or just publishing? And what percentage of his music did Nelly own in the first place?

He shoulda asked 50 mill for hot in herrr alone … the amount of ad revenue he’s missing out on

 

[King Sun]

50M seems like a low number for Nelly.

 

[Easy-E]

Streaming for older music exploded and these artists will never be able to cash in using any other way.

Ya'll make fun of Nelly. Shoutout to him.

EDIT: Of course ya'll in here saying $50 million isn't a lot of money when, in America, Top 1% of wealth in America is $10,000,000.00

I hate to go into this, again. Nelly won't make $50 million off his catalogue, by myself, in two lifetimes. These companies are buying up catalogue because they can afford to lose money or not make a profit because they buy multiple catalogues and making billions elsewhere.

HarbourView​

Collective Experience 50+ years up to $1bn of investable capital Headquartered Newark, NJ with additional offices in Los …

 

[iceberg_is_on_fire]

Streaming for older music exploded and these artists will never be able to cash in using any other way.

Ya'll make fun of Nelly. Shoutout to him.

No, 50 million is more than I'll likely see in this lifetime but it's like Hov said, only dudes moving units is Em, Pimp Juice and us. Nelly was that nikka for a hot ass minute.

We are all remembering his run and it just seems super low breh, that's all.