Home / Business and Economy / Grammy Producer Sells Iconic Song Rights
Grammy Producer Sells Iconic Song Rights
3 Sep
Summary
- HarbourView acquired producer royalties and rights from David Kershenbaum.
- The deal includes hits like Tracy Chapman's "Fast Car" and Joe Jackson's "Steppin' Out."
- Kershenbaum has five decades of experience and four Grammy nominations.
HarbourView Equity Partners announced a new partnership with Grammy-nominated producer David Kershenbaum. The agreement sees HarbourView acquire Kershenbaum's stake in producer royalties and associated rights for a catalog of master recordings.
The acquired catalog features influential tracks, including Tracy Chapman's "Fast Car," which saw renewed popularity in 2023. Other notable songs in the deal are Joe Jackson's "Steppin' Out" and Marc Cohn's "Walking in Memphis."
Over a career spanning five decades, Kershenbaum has collaborated with major artists and earned four Grammy nominations. HarbourView highlighted his extensive body of work and its broad appeal across genres.
HarbourView has a robust portfolio, having acquired over 70 music catalogs. The company currently manages approximately $3.88 billion in regulatory assets.
