Private equity gets cut of two of Taylor Swift’s biggest pop hits through Max Martin’s catalog sale

Private equity firm HarbourView has snagged a lucrative piece of the music industry through the acquisition of select publishing rights for two of Taylor Swift's biggest hits, courtesy of Max Martin's catalog sale. Notably, this deal doesn't affect Swift's master recordings, which remain with her. This move highlights the ongoing trend of private equity firms investing in music royalties, which are seen as a stable and growing asset class. It also underscores the complex ownership structures within the music industry, where publishing rights can generate substantial revenue streams separate from the original recordings.