Company
LON:SONG
Hipgnosis Songs fund is a specialist investment company investing in songs and musical intellectual property rights.
92 stories · page 4 of 5
Investments and investor services
"I'm fully confident that this substantial body of my work will be in the best of hands moving forward," said Andy Wallace, who has been nominated for seven Grammy Awards in his career
Investments and investor services
He was worked with Miley Cyrus, Dua Lipa, Post Malone and Ozzy Osbourne and has co-written five of the Top 100 most-streamed songs of all time
Investments and investor services
The deal is reportedly for US$140mln and will see the music royalty firm acquire the rights to a number of the rock band's major hits such as Californication and Under the Bridge
Investments and investor services
David Bowie popularised the concept of securitising his back catalogue with "Bowie Bonds" but in recent times the trend has been for artists to sell their catalogues to publishing groups or investment funds
Investments and investor services
It's not very rock & roll - or maybe it is, given rock & rollers' relationship with tax exiledom
Investments and investor services
Hipgnosis Songs and Round Hill offer a compelling combination of drivers says broker
Merck Mercuriadis, the founder of Hipgnosis Songs Fund Limited, described Rowe as “one of the most important and successful executives in the music industry”
Only Queen’s Bohemian Rhapsody had previously reached one billon plays
Investments and investor services
“I built Hipgnosis to be a company Neil would want to be a part of," said fund founder Merck Mercuriadis
Investments and investor services
After buying 25% share of the catalogue in September, the investor now owns all of Buckingham’s music publishing rights, as well as a 50% share of any unreleased compositions
The record producer has worked with John Lennon, Bruce Springsteen, Patti Smith and Eminem among others
Investments and investor services
Streams for the first week of December 2020 are up 26% year-on-year said JPM.
Investments and investor services
Changing times as streaming grows in popularity and back catalogues become more valuable
Investments and investor services
In the half-year to end September 2020, the firm's operative net asset value increased by 7.4% to 125.35p
Investments and investor services
The fund wants to raise funds and purchase a portfolio of 120,000 songs from artists including the Beatles, Louis Armstrong and Eartha Kitt
Investments and investor services
The fund's investment adviser has identified and secured exclusivity on some 50 song catalogues
Investments and investor services
No I.D. has worked with artists including Kanye West, Jay-Z, Alicia Keys, Usher, Rihanna, Common, Drake and Ed Sheeran
Investments and investor services
That's Barry Manilow, in case you have been living under a rock for the last six decades
Investments and investor services
Lady Gaga’s songs with RedOne have been streamed more than 5bn times and she has 52mln monthly listeners on Spotify
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The PrimaryBid offer will be open to retail investors us already open and is scheduled to run until 1.00pm on July 10 unless it is closed before then if it becomes oversubscribed
