Mooring Music Group Acquires Royalty Rights of Mariah Carey’s “All I Want for Christmas Is You”
Mooring Music Group today announced the acquisition of a minority interest in royalty rights of Mariah Carey’s “All I Want for Christmas Is You,” one of the most commercially successful and enduring holiday recordings of all time. Originally released in 1994, “All I Want for Christmas Is You” has become a modern holiday standard, returning to global charts every December for more than three decades. The song has achieved multiple, ongoing chart milestones, including:
- The all-time Billboard Hot 100 record with 20 cumulative weeks at Number 1, more than any other song in the chart’s history.
- Surpassing 2 billion streams on Spotify in December 2024, becoming the first holiday song to reach this milestone and the most-streamed holiday track globally.
- Setting multiple Guinness World Records, including the highest-charting holiday song on the Billboard Hot 100 by a solo artist, the most-streamed track on Spotify in 24 hours (for a holiday song), and the most weeks in the UK Singles Chart Top 10 for a Christmas song.
“All I Want for Christmas Is You is a rare example of a seasonal recording that has evolved into a durable, global cash-flowing asset,” said Jillian Murrish, CEO and Co-Founder of Mooring Music Group. “From a cash-flow perspective, the song’s track record is unique,” added Conor Neu, Chief Investment Officer and Co-Founder of Mooring. “Its recurring performance provides a long visibility runway that fits well with our approach.” The royalty interest was acquired by a private fund advised by Pier Asset Management and was facilitated by the team at Sound Ark Entertainment. Transaction terms were not disclosed.