“I know Hipgnosis will be a great home for my catalog,” says Colombia-born global star
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Category archives: Merck Mercuriadis
Hipgnosis secures another $200m to buy music copyrights
Firm says it may request access to a further $150m in the near future
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Hipgnosis fully acquires Lindsey Buckingham song catalog, including 100% writer and publisher share of Fleetwood Mac hits
Buckingham’s songs from Rumours have been streamed over a billion times on Spotify alone
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Jimmy Iovine sells producer catalog royalties to Hipgnosis (so he can build a school)
Iovine is investing the proceeds into building an inner-city high school in LA
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Hipgnosis Songs Fund is now worth $1.7bn… and is on course to generate more than $120m in net revenue this year
Merck Mercuriadis: “We’ve been one of the FTSE 250’s biggest yielders and have now reached a £1.25 billion market cap.”
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Hipgnosis buys 50% stake in Rick James catalog, including master rights
Deal includes 50% of writer’s and publisher share in James’ catalog
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Ted Cockle and Amy Thomson join Merck Mercuriadis’ Hipgnosis Songs Fund
Cockle named President of ‘Song Management’ company; Thomson takes role as Chief Catalogue Officer
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Hipgnosis Songs Fund surpasses £1bn market cap valuation
“It’s a testament to the power of great songs and songwriters that in just two years we are a £1bn market cap, FTSE 250 company,” says Mercuriadis
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Blondie’s Debbie Harry & Chris Stein sell 100% of their catalogs’ writers share and neighboring rights royalties to Hipgnosis
Blondie have released six UK and four US No.1 singles and have sold over 40m records worldwide.
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Hipgnosis’ spending stash grows to nearly $700m, as firm extends debt facility
Credit facility extended to $400m, as Hipgnosis readies another acquisition spree
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