Blackstone - CMU | the music business explained

Hipgnosis is back, groaning with cash and looking to go shopping

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Hipgnosis • 3 min read

Hipgnosis is back, groaning with cash and looking to go shopping

Everyone’s favourite elephant is back in town. Ditching the denim, Hipgnosis has put on a suit, brushed its hair and sat down with the big boys of finance, resulting in an investment grade megabond issue where a bunch of music rights will pay out your pension in years to come…

Sam Taylor • 12 Nov 2024

Are hedge funds betting against Blackstone’s Hipgnosis deal?

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Hipgnosis • 6 min read

Are hedge funds betting against Blackstone’s Hipgnosis deal?

When you’re living in a state of Hipgnosis, nothing is real until it's real. Just days away from the finish line, could Blackstone’s bid for Hipgnosis Songs Fund be blocked by a handful of well-dressed muggers looking to pluck a few more quid from the gazillionaire private equity fund’s wallet?…

Sam Taylor • 28 Jun 2024

Blackstone has found another $12 million down the back of the sofa to sweeten its $1.6 billion Hipgnosis deal

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Hipgnosis • 4 min read

Blackstone has found another $12 million down the back of the sofa to sweeten its $1.6 billion Hipgnosis deal

$12 million is nothing when you’re Blackstone - even if you are basically bidding against yourself. When the red mist sets in, any price is a good price. And when a scheme of arrangement is involved, doubly so. City gibberish? Perhaps. More drama? Definitely!…

Sam Taylor • 03 Jun 2024

Blackstone upstages Concord with $1.30 Hipgnosis Songs Fund bid

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Hipgnosis • 2 min read

Blackstone upstages Concord with $1.30 Hipgnosis Songs Fund bid

Another day and another revised bid for SONG. Blackstone has upped its offer, SONG’s board recommends the offer, so we can all rest tight. Until tomorrow. When will this all end? Are we really going to have to ensure another month of this?…

Sam Taylor • 29 Apr 2024

Blackstone tops Concord offer for SONG, hints at invoking call option

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Hipgnosis • 5 min read

Blackstone tops Concord offer for SONG, hints at invoking call option

The elephants are on parade again... Blackstone gets heavy with SONG board and goes public with a potential $1.24 offer for beleaguered song rights fund - 7% higher than Concord's offer on Thursday…

Sam Taylor • 20 Apr 2024

Key shareholders could block Hipgnosis to Hipgnosis catalogue sale

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Hipgnosis • 3 min read

Key shareholders could block Hipgnosis to Hipgnosis catalogue sale

FT sources say that key shareholders in the publicly listed Hipgnosis Songs Fund could seek to block a sale of several catalogues to the Blackstone-backed Hipgnosis Songs Capital, reckoning that the music rights being transferred in the $440 million deal have been under-valued…

Chris Cooke • 09 Oct 2023