Nelly Gets $50 Million for 50 Percent Share of Music Catalog

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Nelly Gets $50 Million for 50 Percent Share of Music Catalog
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Nelly has sold 50 percent of his music catalog for $50 million

a 50 percent share in his music catalog for $50 million. A rep for the rapper who confirmed the news tosaid that it includes hits such as “Hot in Herre,” “Dilemma,” and “Ride Wit Me.” The deal covers the rapper’s eight albums, including his 2000 debut,, which has been certified seven times platinum.

, is HarbourView Equity Partners, a self-described “global investment firm focused on niche markets and esoteric investment opportunities.”magazine recently recognized the Newark, New Jersey–based firm’s founder and CEO, Sherrese Clark Soares in its “Female Founders 200” for her role in acquiring music by Nicki Minaj, Justin Bieber, and Florida Georgia Line.album, titled. The album will continue the country direction of the predecessor and will feature only female collaborators.

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