Luis Fonsi sells his catalog for approx. $100 million

Investment company HarbourView Equity Partners has acquired the publishing catalog of latin music superstar Luis Fonsi, the artist known globally for his megahit 'Despacito' with Daddy Yankee, MBW reports. Launched just four months ago by former Tempo Music CEO Sherrese Clarke Soares, HarbourView is focused on investment opportunities in the media and entertainment space. The Financial Times reports that “industry executives estimated that Fonsi’s catalog could fetch as much as $100 million”.