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Nelly Apparently Sells Catalog Assets to HarbourView for $50 Million

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Nelly, the renowned music artist, has recently made a significant move in his career by successfully selling a remarkable array of assets from his music catalog. According to reliable sources, this extraordinary transaction has yielded an impressive reported total of $50 million USD. The news of this noteworthy acquisition was confirmed by HarbourView Equity Partners, who expressed their excitement and enthusiasm about the deal to Variety.

The collection of recorded music that has changed hands includes some of Nelly’s most iconic and chart-topping hits, such as the infectious tunes “Ride Wit Me,” the unforgettable collaboration “Dilemma” featuring Kelly Rowland, and the ever-popular anthem “Hot in Herre.” While the exact details of the acquisition were not disclosed by the company, sources at TMZ have revealed that the price tag for this remarkable deal amounts to a staggering $50 million USD, with the added bonus that half of Nelly’s catalog is now part of the agreement.

Nelly himself, with an unwavering passion for his craft, expressed his deep connection to the music he has created throughout his illustrious career. Nelly said, “As artists, we put our heart and soul into each track and there comes a time when you consider preservation of that artistry. My music is my legacy which I want to last beyond me, continuing to make my existing fans happy while reaching new generations and new audiences. I am excited to partner with HarbourView to create opportunities for discovery of my music decades from now.”

He articulated the importance of preserving his artistic legacy and ensuring that his music continues to resonate with both his devoted fans and future generations. In light of this, Nelly enthusiastically shared his excitement about partnering with HarbourView Equity Partners, recognizing the tremendous opportunities this collaboration will create for the discovery and enjoyment of his music for decades to come.

Reflecting on the immense impact that Nelly’s catalog has had on generations of fans, Sherrese Clarke Soares, the visionary founder of HarbourView Equity Partners, couldn’t contain her admiration. She specifically highlighted the timeless classics such as the ubiquitous “Hot in Herre” and the irresistible “Shake Ya Tailfeather” as definitive works that have left an indelible mark on the music industry. Soares expressed genuine delight in adding these influential pieces to their repertoire, emphasizing the commitment to nurturing and supporting artistic excellence within their esteemed ecosystem.

The strategic alliance between Nelly and HarbourView Equity Partners represents a pivotal moment in the music industry, as it not only acknowledges the undeniable talent of the artist but also recognizes the enduring significance of his music. With this momentous sale, Nelly has taken a bold step towards securing his musical legacy, ensuring that his artistry continues to captivate audiences across the globe for years to come.

This partnership serves as a testament to the profound impact that Nelly’s music has had and will continue to have on the ever-evolving landscape of popular music, firmly establishing his status as a revered and cherished musical icon.

[VIA]

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Bruno Mars Allegedly Has $50 Million Gambling Debt With MGM Casino

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Photo courtesy of The Brand Guild

Bruno Mars might be in some hot water with MGM.

The “24K Magic” singer announced a multi-year residency with MGM Resorts International in 2016, performing at the hospitality giant’s Park MGM resort in Las Vegas.

However, the relationship between the 38-year-old and the hospitality giant may have gone sour as the singer’s gambling has allegedly racked up large debts at the poker tables in Las Vegas, according to NewsNation.

“He owed millions to the MGM,” a Vegas insider told the outlet.

Another source added that the debt is as high as $50 million.

“[MGM] basically own him. He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt,” added the insider, claiming that the singer only makes $1.5 million per night after taxes.

Part of Mars’ MGM contract reportedly included the creation of The Pinky Ring, a cocktail lounge inside the Bellagio Resort. NewsNation reports that another project is in the works as well.

[Read More via Complex]

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Method Man Reveals The Secret To His Acting Success: ‘I Slept On My Manager’s Couch’

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Gilbert Flores/Variety via Getty Images


Method Man is one of Wu-Tang Clan‘s most recognizable MCs, yet he’s revealed he’s not watched a single episode of Hulu’s Wu-Tang: An American Saga series.

The New York rapper joined Kevin Hart for a recent episode of his Golden Minds Podcast where Meth explained he’s never watched an episode because he wanted to allow the show to take creative liberties with its story and not feel a way about it.

“So to see this come to fruition on screen, it was a no-brainer for me knowing how RZA works,” he said. “In the beginning, it was like, ‘Wow, they’re taking a lot of liberties here with the story.’ In hindsight, knowing how some of these things work, and embellishments and sometimes dudes still be having open cases and shit so I could understand.

“I haven’t watched an episode, personally, but I get the scripts ahead of time. Everything ain’t for everybody, that’s all I could say.”

[Read More on HipHopDX]

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Inside Jay-Z’s ‘Book of HOV’ Exhibit & Beyoncé’s RENAISSANCE World Tour | Rap Life Review

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The group breaks down the Book of HOV event, where Ebro and Lowkey were able to help surprise Jay-Z at the Brooklyn Public Library for the opening of the retrospective. Nadeska shares her experiences catching up with Lil Uzi Vert at Jay-Z’s charity auction over the weekend, too. The team also discusses Beyoncé’s strong start to the second leg of her RENAISSANCE World Tour, before giving flowers to Apple Music for recent Emmy nominations and congratulating Cordae and Naomi Osaka on welcoming their first child.

Listen to Rap Life on Apple Music: https://apple.co/-RapLifeYT

00:00 – Intro

1:09 – New Music

5:02 – Jay-Z’s ‘Book of HOV’ Exhibit

16:01 – Beyoncé RENAISSANCE World Tour

18:45 – Apple Music Super Bowl Halftime Show Emmy Nominations

19:46 – Apple Music Live with Burna Boy

21:26 – Cordae & Naomi Osaka Baby News

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