According to HarbourView, Slipknot, who formed in 1995 in Des Moines, Iowa, quickly established themselves as one of the most influential bands in modern metal, starting with their \u201cgroundbreaking\u201d debut album.<\/p>\n
Their second\u00a0album, Iowa (2001), debuted at No.3 on the Billboard 200 chart, while achieving multiple No.1s with follow-up albums in the US and abroad.<\/p>\n
\u201cAfter 25 years of taking on the music business, we find ourselves with a partner that is willing to sign onto \u00a0continuing what Slipknot started,\u201d said Slipknot member, Clown. \u201cOnly they want to go even bigger. Get ready. Hail The Knot.\u201d<\/p>\n
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\u201cSlipknot\u2019s music has redefined heavy metal and created a global cultural phenomenon. Their catalog is a testament to their influence,\u00a0 passion, and enduring artistry within the genre.\u201d<\/p>\n
Sherrese Clarke, HarbourView Equity Partners<\/p>\n
Sherrese Clarke, Founder and CEO of HarbourView Equity Partners added: \u201cSlipknot\u2019s music has redefined heavy metal and created a global cultural phenomenon.<\/p>\n
\u201cTheir catalog is a testament to their influence,\u00a0 passion, and enduring artistry within the genre. We pride ourselves on having our finger on the pulse of culture and with thorough analysis of audience engagement, we clearly see the cultural impact of Slipknot from the 1990\u2019s to present.<\/p>\n
\u201cThe enduring and relevant proof points with Slipknot remain core to our investing\u00a0 thesis, and HarbourView is honored to help preserve and amplify the group\u2019s work for decades and\u00a0 generations to come.\u201d<\/p>\n
HarbourView describes Slipknot as \u201ca defining force in the global rock community,\u201d citing their regular headlining of major global rock festivals and sold-out headline tours at some of the world\u2019s biggest arenas.<\/p>\n
The band has racked up over 7 billion YouTube<\/a> views to date, and has sold 30 million albums worldwide.<\/p>\n The deal was negotiated with Slipknot\u2019s legal representation, Scott Legal Group. HarbourView was represented by Fox Rothschild.<\/p>\n HarbourView was established in 2021<\/a>\u00a0by former Tempo Music CEO\u00a0Sherrese Clarke,\u00a0with backing from Apollo Global Management.<\/p>\n Just a few months ago, the company\u00a0secured<\/a>\u00a0$500 million\u00a0in additional debt financing from investment giant\u00a0KKR<\/a>\u00a0via a private securitization backed by its music portfolio.<\/p>\n It followed a previous\u00a0$500 million\u00a0in debt financing secured by HarbourView\u00a0in March 2024<\/a>, through a private securitization backed by its catalog of music royalties, and led by KKR.<\/p>\n This latest agreement marks the latest in a series of significant moves from the company.<\/p>\n Acquisitive HarbourView has acquired over\u00a070\u00a0music catalogs encompassing over\u00a035,000\u00a0songs across both master recordings and publishing income streams.<\/p>\n The company\u2019s portfolio includes music from\u00a0T-Pain<\/a>, James Fauntleroy,\u00a0George Benson<\/a>, Noel Zancanella, Fleetwood Mac\u2019s\u00a0Christine McVie<\/a>, Pat Benatar, Neil Giraldo,\u00a0Nelly<\/a>, Jeremih, Wiz Khalifa, Kane Brown, Full Force and more.<\/p>\n