The two-time Grammy-winning producer and songwriter is known for his work on Destiny's Child's "Say My Name" and Sam Smith's "Stay With Me," among many other hits.
As investor demand for music assets hums on, hip-hop and pop catalogs have the best outlooks for future growth, while music from the 1980s makes bank from streaming.
A new article in The Atlantic takes private equity to task for emphasizing catalog music at the expense of new stars, but it’s missing the bigger picture.
The financial buyer of music catalogs may be “focused on the boring part of the business,” as co-founder Jeremy Tucker puts it — but it’s built a diverse, 15,000-song catalog.
“What we're noticing is that a lot of the old catalog means a lot to the new generation,” the producer says of selling the label's roughly 200-song catalog to Pophouse in January.
