Vine Alternative Investments has acquired the rights to the more than 150-song publishing catalog of Calvin Harris, the Scottish electronic DJ, producer, singer and songwriter known for such hits as "Summer," "Feel So Close" and Rihanna collaborations "We Found Love" and "This Is What You Came For."
Sony/ATV Music Publishing will continue administration services for the catalog. While further details of the transaction were not disclosed, a source familiar with the value of Harris' catalog estimates that the purchase cost Vine between $90 million and $110 million.
"Vine’s process was extremely smooth," said Harris' longtime manager and Three Six Zero CEO Mark Gillespie. "We valued their quick response time, exceptional knowledge of the space and straight-forward approach. We are very comfortable that they will be great stewards of the catalogue."