Calvin Harris just sold his 150 song publishing catalog to Vine Alternative Investments for $100 million, according to a report from Variety. The entirety of his catalog contains priceless hits, with collaborations from Dua Lipa, Frank Ocean, Khalid, Big Sean, Ariana Grande, and several others. Overall, the producer has amassed 30 billion streams. That doesn’t include all of his remixes for the likes of Fatboy Slim, The Ting Tings, and Passion Pit.
“We approach the music space the same way we have always approached the film and TV space, with an eye for and an appreciation of, the world’s most iconic content,” added Vine’s partner in charge of music sector investments, Rob Amir. “The addition of Calvin Harris hits across multiple genres to our catalogs is a continuation of our pursuit of building a multi-genre media ecosystem that not only respects but honors the artists we partner with.”
Though the investment company has been around for 14 years, Vine has only invested in music for about a month. Their first deal was with Sean Douglas, a producer and songwriter for Fifth Harmony, Jessie J, David Guetta, Lizzo, and Selena Gomez.