It’s being billed as one of many largest music catalog offers involving a contemporary ‘frontline’ act: New Orleans duo Suicideboys (aka $uicideboy$) are reportedly purchasing each their masters and music publishing rights for a princely sum.
Billboard notes that Suicideboys – also referred to as cousins Scrim and Ruby da Cherry – are being represented within the potential sell-off by Tim Mandelbaum, a companion with the regulation agency Fox Rothschild.
The worth could stun you. Billboard reviews that the cult hip-hop duo’s masters portfolio alone is being touted by its sellers for over USD $300 million.
As for his or her publishing catalog? MBW has heard just a few whispers of our personal.
Rumor-mongers are rumor-mongering that the present front-runner within the race to amass the accessible bundle of Suicideboys’ publishing rights is Harbourview – the corporate led by Sherrese Clarke Soares that raised $500 million in debt financing final yr from KKR.
We’ll see if mentioned mooted deal involves go. (MBW likes to imagine we communicate to a very well-informed class of rumor-mongerer.)
Our sources point out that the worth now prone to be commanded by the Suicideboys’ publishing catalog has reached round $100 million, based mostly on an annual NPS within the area of $5 million.
Since 2021, Suicideboys’ recorded music catalog – launched on the duo’s personal G59 label – has been represented and distributed by The Orchard.
Whispers on the time recommended that The Orchard dedicated a “robust eight-figure” funding to that settlement.
Previous to this, the recorded music on G59 had been distributed by Common Music Group /Virgin Music.
The President and co-founder of G59 Data (and the supervisor of Suicideboys) is Dana Biondi, a revered entrepreneur whose different ventures embody the hemp-based meals firm Planet Primarily based Meals.
Suicideboys have launched 4 albums so far, all of which have charted in The High 10 of the Billboard 200: I Need To Die In New Orleans (2018), Lengthy Time period Results Of Struggling (2021), Sing Me A Lullaby, My Candy Temptation (2022), and New World Melancholy (2024).
They’ve over 10 million month-to-month listeners on Spotify, the place their largest tracks embody Antarctica (427m streams), ...And To These I Love, Thanks For Sticking Round (766m streams), and Kill Your self (Half III) (709 million streams).
Suicideboys even have 3.4 million followers on Instagram, plus 1.7 million followers on their official TikTok channel.Music Enterprise Worldwide