Sum 41 frontman Deryck Whibley has offered his publishing and recorded music catalogue in a brand new cope with fairness fund, HarbourView Fairness Companions.
Whibley has served because the Canadian pop-punk outfit’s lead singer and first songwriter since their inception in 1996. Their 2001 breakout album ‘All Killer No Filler’ boasted the hit single ‘Fats Lip’, which landed at Quantity 66 on the Billboard Sizzling 100. To this point, Sum 41 have launched seven studio albums, the newest being 2019’s ‘Order In Decline’.
Phrases of the deal between HarbourView and Whibley haven’t been disclosed, nevertheless the transaction noticed the fairness fund represented by Fox Rothschild, with Whibley’s authorized counsel coming from Jordan Keller and Sarah Smith of Keller Turner Andrews & Ghanem, PLLC.
Over the course of their 26-year tenure, Sum 41 – who’ve simply wrapped up a US tour with Simple Plan and head out collectively once more to the UK and Europe this September – have seen their catalogue garner greater than 15 million album consumption items, 5.05 million of which occurred within the U.S alone (per Billboard).
Whibley is the newest in an extended line of artists who’ve offered their publishing and recorded music catalogues lately.
Amongst veteran musicians, Tina Turner offered her again catalogue for $300million (£225m), Sony Music acquired Bob Dylan‘s entire body of work, whereas ‘Candy Caroline’ singer Neil Diamond entered right into a deal with Universal Music Publishing. Moreover, Paul Simon offered for an undisclosed sum whereas Mötley Crüe offered their catalogue to BMG for a reported $150million (£112m).
Equally, Simple Minds offered “key music interests”, Primal Scream members sold 50 per cent of their tune rights, Justin Timberlake offered his song catalogue, whereas John Legend made a deal again in January.
Earlier this 12 months, Dolly Parton mentioned “by no means say by no means” to promoting her back catalogue. Madonna, nevertheless, who has launched 14 studio albums, mentioned earlier this month she would never consider such a deal. “Possession is every thing, isn’t it?” the celebrity mentioned on the time.