Sherrese Clarke Soares, a prominent figure at Harbourview Equity Partners, recently shared her thoughts regarding the evolving landscape of music mergers and acquisitions (M&A), interest rates, and the significance of diversity within the music industry. Speaking on the Music Business Worldwide podcast, Clarke Soares emphasized that the valuation of music rights is increasingly complex, heavily influenced by rising interest rates and shifting market dynamics.
Clarke Soares highlighted that the company views itself as ‘plural, not singular’, advocating for a more inclusive and multi-faceted approach to investing in music assets. This mindset is evident in Harbourview’s recent strategic acquisitions, including notable transactions involving Grammy-winning songwriter Noel Zancanella and the influential R&B artist Jeremih. The firm has recently expanded its credit facility capacity by $100 million to bolster its purchasing power in acquiring more music rights.
Additionally, Clarke Soares touched on the increasing trend towards mashup culture within music, indicating that this could influence future investment decisions. She outlined that understanding diverse musical genres and engaging with a broad range of artists can lead to innovative creations and capture wider market interests. To gain more insights on Clarke Soares’ perspective, the full interview can be accessed here.