Incubus Sells Song Publishing Catalog to HarbourView
HarbourView Equity Partners has acquired the music publishing catalog of Incubus, the genre-bending rock band that has generated 12.4 million U.S. album consumption units since forming in 1991, according to Luminate. When non-U.S. sales are added in, the group has sold more than 23 million records, according to the announcement.
Terms of the deal, which also encompasses the individual works of group member Mike Einziger, were not disclosed but it includes such songs from the band as “Drive,” “Love Hurts,” and “Megalomaniac,” as well as Einziger’s share of the Avicii hit, “Wake Me Up,” which he co-wrote. Besides Avicii, Einziger has collaborated with Pharrell Williams, Skrillex, and Tyler, the Creator, among others, either as a songwriter and or producer.
Other deals HarbourView have done since launching a year ago include Sum 41, Brad Paisley, Lady A, Hollywood Undead, Florida Georgia Line, Luis Fonsi and R&B songwriting and production duo Dre & Vidal.
During the course of their career, Incubus has released eight studio albums and recorded over 100 songs.
Fox Rothschild served as legal counsel to HarbourView in the transaction. Incubus and Mike Einziger were represented by Todd Cooper and Monica Zhang of Greenberg Traurig, LLP. Incubus management is Johnny Wright and Joe Lilak for Wright Entertainment Group. Incubus business management is Bill Vuylsteke, CPA and David Boyson of Provident Financial Management. Mike Einziger is managed by Martin Kierszenbaum for Cherrytree Management.
Marc Schneider
Billboard