Hipgnosis plans to raise £150m from latest sale of shares
Hipgnosis Songs Fund wants to buy more songs for its fund, but to do that it’s going to have to raise more money. And so it is: the publicly listed company is going to be selling £150m (around $211m) worth of shares to...
June 17, 2021
Hipgnosis says its catalogue is now worth more than $2.2bn
Hipgnosis Songs Fund saw its revenues grow to $138.4m in its last financial year, which ended on 31 March. That’s up from $83.3m the year before. Meanwhile, the company says that its catalogue has been “independently...
June 8, 2021
BPI and Music Ally to host event on building artist legacies
We’re delighted to announce the latest insight event that we are working on with British music industry body the BPI. Due to be held online on 8 July, it’s called ‘Tellin’ Stories: The Art of Building...
June 2, 2021
Westcott is a platform that automatically advertises catalogue music: it generates Facebook and Instagram ads, identifies audiences, tracks industry signals, figures out best market pricing, makes ad buys, and provides real-time...
May 19, 2021
Influence Media buys copyrights of songwriter Ali Tamposi
Influence Media is one of the latest entrants into the catalogue-buying market, having launched its $100m fund in March. The company is making the fact that it was founded by women a key part of its brand: “It’s our...
April 20, 2021
Reservoir Holdings is going public via a Spac merger
You wait years for a big music IPO, and suddenly they’re popping up all over the shop – not least because one of the buzziest corporate trends at the moment is going public by merging with a ‘special purpose...
April 15, 2021
CTM Outlander Music joins the catalogue-buying frenzy with $1bn
The feeding frenzy around music catalogues continues, with a new player entering the market this week. CTM Outlander Music is a joint venture between US investment firm Outlander Capital Management and Dutch music firm CTM....
April 9, 2021
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