Seek out a better experience, upgrade to a full membership! (Learn more)
 News Music Industry 16/10/2018

Shamrock Capital Acquires Stargate Publishing Catalog, Including Coldplay, Katy Perry, Rihanna & Beyonce Hits

Shamrock Capital Acquires Stargate Publishing Catalog, Including Coldplay, Katy Perry, Rihanna & Beyonce Hits

Video news

Our news in your mail

* indicates required
News frequency *


New York, NY (Top40 Charts) Shamrock Capital, a Los Angeles based investment firm, today announced that its Entertainment IP Fund has acquired the music publishing catalogue from Tor Hermansen and Mikkel Eriksen, known as the songwriting and production duo, Stargate.

Shamrock acquired the catalogue through its Entertainment IP Fund which was formed to acquire existing entertainment intellectual property rights across the broader music, film and television content sectors of the industry. Terms of the transaction were not disclosed.

The deal includes some of the biggest songs by top artists such as "Firework" by Katy Perry; "Diamonds," "Rude Boy," and "What ìs My Name" by Rihanna; "Irreplaceable" by Beyoncé, as well as a vast catalogue of contemporary pop hits from the last 20 years. In one fell swoop, the investment firm now owns 10 #1 songs from the Billboard Hot 100, three Grammy Song and Record of the Year nominations and more than 50 UK top 10 hits.

The LA-based Norwegians - Hermansen and Eriksen - have worked with some of the most influential artists of the last decade and they are especially noted for their 10-year working relationship with global superstar Rihanna. The Grammy and ASCAP Songwriter of the year-winning duo's songs have been instrumental in helping combine R&B, electronic and urban genres into the mainstream sound of pop that dominates today's charts.
"Tor and Mikkel are prolific songwriters and producers who have created an extraordinary body of work that will remain relevant for generations to come. It's a privilege for us to have had the opportunity to work with them and acquire this truly unique catalogue of music," said Patrick Russo, Partner at Shamrock Capital. "This diverse catalogue complements our existing music publishing and recorded music rights and advances our long-term strategy of building and holding a portfolio of evergreen properties."

"This is a great time for music," said Tor Hermansen of Stargate. "When you're starting out in your bedroom making music, you have no idea that 20 years later this can have true value. We're excited and proud that Shamrock recognizes this value and believes in our music."

Mikkel Eriksen added, "Jason and Patrick at Shamrock know their numbers, but they are also music-lovers. We feel confident that our life's work is safe in their hands for years to come."






Most read news of the week
Aracely Arambula, Becky G, Gloria Trevi, Leslie Grace And Roselyn Sanchez To Host Telemundo's "Latin American Music Awards" On October 25, 2018
Hollywood Music In Media Awards Announces Nominees In Film, TV, & Video Game Music
Meet Chesca: Latin Pop Singer With Her New Song/Video Azucar! The Next "Despacito"?
Quavo's 'Quavo Huncho' Album Out Now!
The First BTS Feature Film Burn The Stage: The Movie Premiere Set For November 15, 2018
Alabama Rap Group Get Money Committee New Music In Stores Now
Itoldyouiwouldeatyou Explain New 'Young American' Video's Innovative DIY Social Media & Technology Use
Colby Wedgeworth Named ASCAP Christian Music Songwriter Of The Year At 40th Annual ASCAP Christian Music Awards
Gary Nicholson, Nashville Songsmith, Crafts Hymn For Mid-Term Healing With "God Help America" Featuring Guest Ruthie Foster
No Te Va Gustar Presents "Y El Mundo Me Comió A Mi," The New Video From Their Acclaimed And Latin Grammy Nominee Album "Suenan Las Alarmas"
TBS #1 Comedy Series - The Guest Book - Season 1 Soundtrack: Live At Chubby's Out Now
Alana Davis Kicks Off Mini-Tour Today, New Album 'Love Again' Out Now
Sony Music Latin & The Orchard Partner For The Global Release Of "Indestructible: The Soul Of Salsa" On November 6, 2018
Check Out The New "Take Me Down" Video From Noble Bodies
TV/Film Composer Steven Chesne's Powerful World Music Album, "Sapient: A Cantata Of Peace," Dominating 2018 Awards Season So Far With Top Honors




© 2001-2019
top40-charts.com (S4)
about | advertise | site map
contact | privacy
Page gen. in 0.0327179 secs // 4 () queries in 0.0083413124084473 secs
Top40-Charts.com
Members Area
Register or login with just your e-mail address

A validation link will be sent to your e-mail. The link will expire in 15'.


Support Top40-Charts.com
Free for everyone, funded by music lovers -> Find out how