Beach Boys buyout includes plans for ‘VR, AR, 3D, CGI…’
The Beach Boys are the latest to join the heritage artists buyouts bonanza, selling a controlling interest in their master recordings and a cut of their publishing, memorabilia and overall Beach Boys brand to Irving Azoff’s...
February 19, 2021
Hipgnosis Songs Fund raises another £75m for acquisitions
On the rare news-day when we don’t have a Hipgnosis catalogue acquisition to report, it feels like there’s often news of the company raising more money for its next swathe of deals instead. On Friday, Hipgnosis announced that...
February 8, 2021
Round Hill buys catalogue of two thirds of Massive Attack
Another day, another publishing acquisition. This time it’s two of the founding members of Massive Attack, Robert Del Naja and Grant Marshall, selling their back catalogue to Round Hill Music for an undisclosed amount....
February 5, 2021
Investor on Spotify: ‘The music catalogue is not the business model’
Good news! Investment management firm Guardian Fund thinks that by 2030, Spotify will be worth “at least five times more” than its current market cap. Which, with the latter being just under $60bn, means a prediction...
February 5, 2021
Round Hill boss sceptical about major music firms’ priorities
Josh Gruss, CEO of Round Hill Music, was the keynote interviewee for NY:LON Connect’s publishing strand yesterday. He offered some views on the disparity in digital royalties between recordings and songs. “I think it...
January 27, 2021
Buying catalogues is a sprint, but managing them is a marathon
It’s easy to buy a catalogue of songs – well, it is if you have the money, obviously – but the challenge of managing them well to grow revenues is an important challenge. “Marketing is absolutely at the core...
January 21, 2021
Bob Dylan’s catalogue sale sparks lawsuit over co-writes
Where there’s money, there are invariably lawsuits. There’s certainly money in musicians selling their catalogues and royalty interests to investment companies, and lo and behold, there are lawsuits popping up...
January 21, 2021
BMG buys Mick Fleetwood’s recordings royalty interests
Never has the track ‘Go Your Own Way’ seemed more fitting. Fleetwood Mac’s Stevie Nicks sold a majority of her publishing catalogue to Primary Wave in December; Lindsey Buckingham sold his publishing rights...
January 15, 2021
Shakira and KT Tunstall sell stakes in their music catalogues
Two more musicians are selling their rights – or at least part of them – to investment companies. Shakira is the latest to throw in her lot with Hipgnosis Songs Fund, which has acquired 100% of her music publishing rights...
January 13, 2021
KKR buys majority stake in songwriter Ryan Tedder’s catalogue
Ryan Tedder found fame with his group OneRepublic, but he’s since become a songwriter to the stars too: Adele, Beyoncé, Ed Sheeran and Lady Gaga are among his clients. Now he has also joined the ranks of top songwriters...
January 12, 2021
Hipgnosis adds £200m to debt facility for more acquisitions
It’s a day off for announcements of new Hipgnosis catalogue acquisitions, but there is still news about the company to report. It has increased its debt facility by £200m to £600m (around $814.4m) as it prepares to...
January 8, 2021
Neil Young sells 50% of his song catalogue to Hipgnosis
The first few working days of 2021 have been a powerful statement of intent for Hipgnosis Songs Fund, albeit a pretty blistering one for its corporate wallet. Hot on the heels of its deals with Jimmy Iovine and Lindsey Buckingham,...
January 6, 2021