Investment firm HarbourView Equity Partners has acquired “select music and non-music assets” from the Estate of Quincy Jones.<\/p>\n
HarbourView said that the deal includes Jones’ recorded music and publishing assets, as well as other ancillary rights, including his participation in The Fresh Prince of Bel-Air<\/em>.<\/p>\n As part of the transaction, HarbourView notes that it will “work in close partnership with the Quincy Jones Estate on go-forward initiatives tied to Jones\u2019 name, image, and likeness”.<\/p>\n The company added: “Through conversations with Quincy Jones\u2019 children, the parties aligned around shared priorities of legacy preservation, education, and protection, ensuring his music and likeness are thoughtfully stewarded, safeguarded from unauthorized or exploitative uses, such as AI, and responsibly extended so future generations can fully understand and appreciate his global impact on music and culture.”<\/p>\n A composer, producer, arranger, conductor, instrumentalist, record executive, entrepreneur, and humanitarian, Jones produced three of Michael Jackson\u2019s most successful albums: Off the Wall<\/em>, Thriller<\/em>, and Bad<\/em>, as well as the charity single We Are the World<\/em>.<\/p>\n “As his children, our responsibility is to protect not only the catalog, but the spirit and love behind it.”<\/p>\n Rashida Jones, on behalf of the Quincy Jones family<\/span><\/p><\/blockquote>\n In his late 20s, Jones became Vice President of Mercury Records, making history as the first Black executive at a major US record company.<\/p>\n \u201cOur father was endlessly curious and always ahead of his time,” said Rashida Jones, on behalf of the Quincy Jones family. “Long before anyone talked about \u2018multi-platform,\u2019 he was already building bridges and connecting the dots across music, film, television, publishing, technology and culture, creating iconic juggernauts like Thriller<\/em>, The Color Purple<\/em>, The Fresh Prince of Bel-Air<\/em>, and Vibe<\/em>. These projects didn\u2019t just succeed; they became the gold standard.<\/p>\n “What made him extraordinary was his ability to see around corners and bring together the right people, ideas, and sounds to create timeless work again and again.<\/p>\n “As his children, our responsibility is to protect not only the catalog, but the spirit and love behind it. HarbourView understands that legacy and has the vision and expertise to help ensure that future generations can feel the full scope of his everlasting impact.\u201d<\/p>\n “Sherrese Clarke\u2019s vision, cultural pride, and mission alignment give us great confidence that our father\u2019s legacy will be thoughtfully protected and carried forward.”<\/p>\n Quincy Jones III<\/span><\/p><\/blockquote>\n Chicago-born Jones, who died in 2024 at the age of 91, was named by TIME Magazine<\/em> as one of the six most influential jazz artists of the 20th century. He won 28 Grammys in a career spanning more than six decades.<\/p>\n \u201cOur father didn\u2019t just create hits, he built platforms that shaped culture across music, film, media, and technology,\u201d said Quincy Jones III (QD3).<\/p>\n \u201cHe believed innovation was a creative tool and embraced it early, from serving on the board of MIT to pushing the boundaries of what storytelling could be. He had a deep passion for empowering future generations of creatives, and saw technology\/innovation as a conduit if used ethically.<\/p>\n “HarbourView was the clear partner for our family: Sherrese Clarke\u2019s vision, cultural pride, and mission alignment give us great confidence that our father\u2019s legacy will be thoughtfully protected and carried forward.\u201d<\/p>\n “Our partnership with the Estate is rooted in deep respect for Quincy\u2019s creative vision and a long-term commitment to safeguarding his work.”<\/p>\n Sherrese Clarke, HarbourView Equity Partners<\/span><\/p><\/blockquote>\n HarbourView said that “additional announcements and tributes will follow in the coming weeks as collaborators and longtime creative partners share reflections on Quincy Jones\u2019 life, work, and enduring influence.”<\/p>\n Commenting on the deal, Sherrese Clarke, CEO of HarbourView Equity Partners, said: \u201cQuincy Jones was not just a once-in-a-generation talent, he was a once-in-a-century architect of culture.<\/p>\n “Our partnership with the Estate is rooted in deep respect for Quincy\u2019s creative vision and a long-term commitment to safeguarding his work, his likeness, and his influence for generations to come.\u201d<\/p>\n Fox Rothschild served as legal counsel to HarbourView in the transaction, while Quincy Jones Estate was represented by Gene Salomon and Don Passman at Gang, Tyre, Ramer, Brown & Passman. Financial terms were not disclosed.<\/p>\n HarbourView was established in 2021<\/a><\/span>\u00a0by former Tempo Music CEO\u00a0Sherrese Clarke,\u00a0<\/b>with backing from Apollo Global Management.<\/p>\n Just a few months ago, the company\u00a0secured<\/span><\/a>\u00a0$500 million<\/b>\u00a0in additional debt financing from investment giant\u00a0KKR<\/b><\/span><\/a>\u00a0via a private securitization backed by its music portfolio.<\/p>\n It followed a previous\u00a0$500 million<\/b>\u00a0in debt financing secured by HarbourView\u00a0in March 2024<\/span><\/a>, through a private securitization backed by its catalog of music royalties, and led by KKR.<\/p>\n This latest agreement marks the latest in a series of significant moves from the company.<\/p>\n Acquisitive HarbourView has acquired over\u00a070<\/b>\u00a0music catalogs encompassing over\u00a035,000<\/b>\u00a0songs across both master recordings and publishing income streams.<\/p>\n The company\u2019s portfolio includes music from\u00a0T-Pain<\/span><\/a>, James Fauntleroy,\u00a0George Benson<\/span><\/a>, Noel Zancanella, Fleetwood Mac\u2019s\u00a0Christine McVie<\/span><\/a>, Pat Benatar, Neil Giraldo,\u00a0Nelly<\/span><\/a>, Jeremih, Wiz Khalifa, Kane Brown, Full Force and more.<\/p>\n In September,\u00a0Michelle Jubelirer<\/span><\/a>\u00a0and Arjun Pulijal have launched a new venture backed by a strategic investment from HarbourView Equity Partners.<\/p>\n