Company
Hipgnosis Songs Fund Limited
LON:SONG
Hipgnosis Songs fund is a specialist investment company investing in songs and musical intellectual property rights.
92 stories
Archive
FTSE 100 Live: Stocks close off lows as US markets climb
At the close, London's lead index was down 20.95 points, 0.3%, at 7,694.73.
Investments and investor services
Hipgnosis Songs Fund confirm management exits ahead of AGM
Shareholders will vote on whether the fund should continue for another five years
Investments and investor services
Rod Stewart turns down catalogue offer from Hipgnosis
Rocker reportedly unhappy with a reduction in price being offered
Investments and investor services
Hipgnosis Songs Fund announces US$700mln debt refinancing
The fund also said it is in advanced talks to fix the majority of its interest rate exposure by entering into interest rate swaps to hedge the interest on its drawn debt
Investments and investor services
Hipgnosis Songs hails 'victory' for songwriters over streaming services
"The CRB has delivered a strong message not only to the digital service providers like Spotify but also to the recorded music companies"
Investments and investor services
Round Hill Music and Hipgnosis Songs target prices cut
Rising interest rates have tilted the spotlight towards portfolio valuations, Liberum said
Investments and investor services
Hipgnosis Songs Fund shares rally after Spotify/Neil Young spat proves inconsequential
Hipgnosis is reportedly about to buy the back catalogue of Grammy award-winning Canadian artist Nelly Furtado
FIVE at FIVE: Neil Young Spotify stance hits Hipgnosis, Rolls-Royce in target price hike, Lloyds give re-mortgage customers good news, UK house prices make strongest start since 2005
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Investments and investor services
Hipgnosis Songs Fund Limited caught in the Neil Young/Spotify crossfire
If artists such as Young can unilaterally yank their music from streaming sites without consulting Hipgnosis, how does that affect the investment fund's business model?
Investments and investor services
Bruce Springsteen sells music catalogue to Sony for US$500mln - reports
The Boss becomes the latest celebrity to have sold rights to all or part of their work
Investments and investor services
Nile Rodgers repeats call for fair distribution of music streaming royalties
Speaking at the Hampton Court Palace Festival on Sunday, Rodgers called for changes in the way in which artists and songwriters are paid for their work
Investments and investor services
Hipgnosis Songs Fund's latest deal is just perfect for Christine McVie
Christine McVie (née Perfect) came to prominence in the British blues boom of the sixties as lead singer with Chicken Shack and is best known as vocalist, pianist and songwriter with Fleetwood Mac
Hipgnosis Songs joins call for streaming proceeds overhaul
Hipgnosis wants a full Competition Authority inquiry into the streaming industry
Investments and investor services
Hipgnosis hikes divi target amid mass adoption of streaming
The music catalogue investment firm has raised its annual dividend target by 5% to 5.25p per share after it saw its NAV per share bounce 11.3% higher in its final results
Investments and investor services
Hipgnosis Songs raises £150mln for more back catalogue acquisitions
The target pipeline contains some of the "most influential and successful recordings of all time"
Investments and investor services
Hipgnosis Songs acquires music catalogue of Joel Little, songwriter for Lorde and Taylor Swift
Praise the Lorde! "It's wonderful to welcome Joel and Ashley [his manager] to the Hipgnosis Family," gushed Merck Mercuriadis, the founder of Hipgnosis Songs Fund.
Investments and investor services
Hipgnosis Songs acquires music catalogue of Grammy Award-winning producer
"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
Hipgnosis Song Fund buys catalogue from Andrew Watt, 2021 Grammy winner for ‘Producer Of The Year’
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
Give It Away: Red Hot Chili Peppers to sell music catalogue to Hipgnosis
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
Paul Simon and 50 ways to boost your bank account (but Bowie paved the way)
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
Hipgnosis Songs becomes an investment trust
It's not very rock & roll - or maybe it is, given rock & rollers' relationship with tax exiledom
Investments and investor services
Music royalty funds: Income, growth and predictability all in one suggests Liberum
Hipgnosis Songs and Round Hill offer a compelling combination of drivers says broker
Hipgnosis Songs Fund appoints industry veteran as executive vice-president
Merck Mercuriadis, the founder of Hipgnosis Songs Fund Limited, described Rowe as “one of the most important and successful executives in the music industry”
Hipgnosis Songs punching the air as "Don't Stop Believin" hits one billion downloads
Only Queen’s Bohemian Rhapsody had previously reached one billon plays
Investments and investor services
Hipgnosis harvests music back catalogue rights from Neil Young
“I built Hipgnosis to be a company Neil would want to be a part of," said fund founder Merck Mercuriadis
Investments and investor services
Hipgnosis Songs acquires catalogue of Fleetwood Mac lead guitarist and vocalist
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
Hipgnosis Songs acquires entire catalogue of Jimmy Iovine
The record producer has worked with John Lennon, Bruce Springsteen, Patti Smith and Eminem among others
Investments and investor services
All we want for Christmas are some downloads says JP Morgan
Streams for the first week of December 2020 are up 26% year-on-year said JPM.
Investments and investor services
Universal Music snaps up Bob Dylan's back catalogue of more than 600 songs
Changing times as streaming grows in popularity and back catalogues become more valuable
Investments and investor services
Hipgnosis Songs contemplates equity raise to fund £1bn acquisition pipeline
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
Round Hill Music: New York firm drums up cash in London for new music royalty fund
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
Hipgnosis Songs taps the market as it eyes more evergreen songs catalogues
The fund's investment adviser has identified and secured exclusivity on some 50 song catalogues
Investments and investor services
Hipgnosis Songs acquires catalogue of US hip hop producer No I.D.
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
Hipgnosis Songs acquires catalogue of the man who writes the songs that make the whole world sing
That's Barry Manilow, in case you have been living under a rock for the last six decades
Investments and investor services
Hipgnosis Songs Fund snaps up Lady Gaga songwriter's rights
Lady Gaga’s songs with RedOne have been streamed more than 5bn times and she has 52mln monthly listeners on Spotify
Archive
Hipgnosis Songs to place shares at a quid each to fund song catalogue purchases
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
Investments and investor services
Hipgnosis Songs considering share issue for £1bn of opportunities
Shareholders yesterday approved an increase in the borrowing capacity of the business for up to 30% of Net Asset Value
Investments and investor services
Highway to royalties: Hipgnosis buys AC/DC producer's back catalogue
The catalogue includes AC/DC's 'Black Ice', The Killers album 'Battle Born' and Bruce Springsteen's Grammy award-winning album 'The Rising'
Investments and investor services
Hipgnosis Songs Fund having a ball with decade's top pop songs
In the first half to 30 September, net income from the portfolio rocketed 68% to £22.6mln with profit before tax 76% higher at £12.6mln
Hipgnosis Songs tops the charts with another massive fundraising hit
The music investment fund receives royalty payments each time one of its songs is played on the radio, streamed online, featured in media, or bought on CDs or vinyl
Investments and investor services
Hipgnosis Songs Fund buys music catalogue from Grammy-winning electronic duo The Chainsmokers
Hipgnosis will now receive The Chainsmokers’ cut of the royalties from tracks such as Closer and Something Just Like This
Investments and investor services
Sweet dreams are made of this…Hipgnosis snaps up rights to Eurythmics’ songs
Hipgnosis will now receive David A Stewart’s cut of the royalties from tracks such as Sweet Dreams (Are Made of This) and more than 1,000 other songs he has helped write or produce
Investments and investor services
Hipgnosis snaps up music catalogue from chart-topping songwriter Starrah
Hipgnosis will now receive royalties from hit songs such as Rihanna’s ‘Needed Me’, Drake’s ‘Fake Love’ and Nicki Minaj’s ‘No Frauds’
Investments and investor services
Hipgnosis Songs issues shares at modest discount
The fund's investment adviser had identified a number of further significant catalogues for potential acquisition and the company has indicated that an equity issue was on the cards, so this share issue should not come as a surprise
Hipgnosis Songs acquires music catalogue of Giorgio Tuinfort
"He has quietly been the partner of choice for everyone from Akon to David Guetta and has been instrumental, literally, in their incredible successes", said Merck Mercuriadis, the founder of Hipgnosis Songs Fund
Hipgnosis Songs Fund's first interims set in a minor key
The fund listed in July and is confident the company will have invested all of the issue proceeds within the stated target of 12 months following admission
Investments and investor services
We Are Family: Hipgnosis acquires 37.5% interest in CHIC co-founder Bernard Edwards music catalogue
Edwards, who died in 1996, is best known for his partnership with Nile Rodgers, together founding CHIC in 1976 and co-writing Number 1 songs for the band and other artists including Sister Sledge and Diana Ross
Investments and investor services
Hipgnosis Songs buys catalogue of Poo Bear songs
"I finally feel confident and comfortable that I'm doing this deal with the best company in the business," said Poo Bear, one of Justin Bieber's closest collaborators. "It's beyond the money, it's the assurance that my catalogue will be res