Hipgnosis

29 posts

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Hipgnosis • 4 min read

Hipgnosis debacle might be over as Concord offers to acquire entire share capital of SONG - but there’s a catch…

Just like your favourite soap opera coming to an end, shed a tear as Hipgnosis v Hipgnosis packs its trunk and says goodbye to the circus, drawing the months-long drama to a close. But wait! There might be a twist…

Sam Taylor • 18 Apr 2024

Excessive spending, poor systems, missing documents and misleading statements: Shot Tower Capital’s blistering assessment of Hipgnosis Song Management couldn’t be much worse

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Hipgnosis • 6 min read

Excessive spending, poor systems, missing documents and misleading statements: Shot Tower Capital’s blistering assessment of Hipgnosis Song Management couldn’t be much worse

Shot Tower Capital presented its findings to the Hipgnosis Songs Fund board in a blistering document that alleges significant mismanagement by Hipgnosis Song Management. HSM immediately issued a statement saying that key parts of the STC report are “factually inaccurate and misleading”…

Sam Taylor • 01 Apr 2024

Hipgnosis Songs Fund share price takes another battering as SONG says HSM made an “error” in key financial metric

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Hipgnosis • 5 min read

Hipgnosis Songs Fund share price takes another battering as SONG says HSM made an “error” in key financial metric

If you thought the Hipgnosis vs Hipgnosis drama was already peaking, think again. It might barely even have started. In an announcement today, SONG yet again marked down the value of its assets sending the share price plummeting further…

Sam Taylor • 18 Mar 2024

Setlist Podcast: Apple blames Spotify for €1.8 billion fine

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Setlist • 4 min read

Setlist Podcast: Apple blames Spotify for €1.8 billion fine

Apple's €1.8 billion over its App Store rules, Live Nation's insistence that it's not to blame for rising ticket prices, and more…

Andy Malt & Chris Cooke • 08 Mar 2024

Hipgnosis Songs Fund takes a haircut - and might have bigger problems to come

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Hipgnosis • 5 min read

Hipgnosis Songs Fund takes a haircut - and might have bigger problems to come

When City types talk about haircuts they might mean a short back and sides - but might also mean something has tanked in value. “My hedge fund took a haircut last week, so the new Ferrari will have to wait”. Hipgnosis has opened the wine, reached for the clippers and gone for a number two all over.…

Sam Taylor • 05 Mar 2024

Hipgnosis Songs Fund goes legal to indemnify itself in relation to a different Hipgnosis v Hipgnosis legal battle

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Hipgnosis • 2 min read

Hipgnosis Songs Fund goes legal to indemnify itself in relation to a different Hipgnosis v Hipgnosis legal battle

The Hipgnosis Songs Fund has filed legal action against its investment advisor Hipgnosis Song Management in a dispute relating to a lawsuit filed by another Hipgnosis company, the defunct Hipgnosis Music Limited…

Chris Cooke • 19 Feb 2024

Hipgnosis Songs Fund is looking for a new company to value its catalogues

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Hipgnosis • 2 min read

Hipgnosis Songs Fund is looking for a new company to value its catalogues

The company that valued the catalogues owned by the Hipgnosis Songs Fund has quit, it has emerged - Citrin Cooperman stood down from that role after the fund’s board raised concerns about the valuation it had calculated…

Chris Cooke & Sam Taylor • 13 Feb 2024

Hipgnosis shareholders back £20 million bidder fee proposal

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Hipgnosis • 1 min read

Hipgnosis shareholders back £20 million bidder fee proposal

An Extraordinary General Meeting of shareholders of the Hipgnosis Songs Fund took place earlier today, with investors backing a proposal by the board that gives directors discretionary powers to pay multi-million pound fees to entities interested in bidding to buy its catalogues…

Chris Cooke • 07 Feb 2024

Merck Mercuriadis moves to Chair role at Hipgnosis Song Management amid war of words with Hipgnosis Songs Fund

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Hipgnosis • 2 min read

Merck Mercuriadis moves to Chair role at Hipgnosis Song Management amid war of words with Hipgnosis Songs Fund

Following the recent war of words between Hipgnosis Songs Fund and its investment advisor Hipgnosis Song Management, a change has been announced at the top of HSM, with Hipgnosis founder Merck Mercuriadis moving from CEO to Chairman…

Chris Cooke • 02 Feb 2024

Hipgnosis Song Management “cherry picked assets” for proposed sale to Blackstone says latest briefing from Hipgnosis Songs Fund

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Hipgnosis • 5 min read

Hipgnosis Song Management “cherry picked assets” for proposed sale to Blackstone says latest briefing from Hipgnosis Songs Fund

There comes a point where there should be rules about giving three companies near-identical names. There’s more Hipgnosis-Hipgnosis-Hipgnosis drama with memos flying and allegations ramping up…

Sam Taylor • 24 Jan 2024

Hipgnosis war of words ramps up with Extraordinary General Meeting proposal for £20 million "bung"

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Hipgnosis • 4 min read

Hipgnosis war of words ramps up with Extraordinary General Meeting proposal for £20 million "bung"

Stand off between Hipgnosis Songs Fund and Hipgnosis Song Management continues with new board calling for EGM and offering £20 million to anyone who might want to buy the company…

Sam Taylor • 19 Jan 2024

Hipgnosis Songs Fund cautions investors about latest catalogue valuation

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Hipgnosis • 2 min read

Hipgnosis Songs Fund cautions investors about latest catalogue valuation

The board of the Hipgnosis Songs Fund has warned investors to exercise “a higher degree of caution” in relation to the latest reduced valuation of the company’s songs catalogue, confirming ongoing tensions between the fund and its advisor Hipgnosis Song Management…

Chris Cooke • 27 Dec 2023