Hipgnosis news

Hipgnosis Songs Fund scraps interim dividend after reducing expectations from Copyright Royalty Board windfall

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Hipgnosis • 3 min read

Hipgnosis Songs Fund scraps interim dividend after reducing expectations from Copyright Royalty Board windfall

The Hipgnosis Songs Fund has told investors that extra payments due as a result of the final Copyright Royalty Board ruling on US streaming royalties will be significantly less than previously estimated, $9.9 million instead of $21.7 million…

Chris Cooke • 16 Oct 2023

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

Hipgnosis confirms Kenny MacPherson is on leave of absence following sexual assault allegation

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Hipgnosis • 2 min read

Hipgnosis confirms Kenny MacPherson is on leave of absence following sexual assault allegation

Hipgnosis Songs Group CEO Kenny MacPherson has been placed on a leave of absence following the filing of a new lawsuit by a former colleague from the 2000s who alleges sexual harassment and assault…

Chris Cooke • 06 Oct 2023

Hipgnosis exec Kenny MacPherson sued over allegations of sexual harassment and assault

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Kenny MacPherson • 3 min read

Hipgnosis exec Kenny MacPherson sued over allegations of sexual harassment and assault

CEO of the Hipgnosis Songs Group, Kenny MacPherson, has been accused of sexual harassment and assault in a lawsuit filed by a former colleague from his time at Chrysalis Music…

Chris Cooke • 05 Oct 2023

Hipgnosis announces $440 million deal to boost share price of Songs Fund

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Hipgnosis • 2 min read

Hipgnosis announces $440 million deal to boost share price of Songs Fund

Plans have been confirmed to sell a stack of music rights from one Hipgnosis fund to another, part of efforts to boost the share price of the publicly listed Hipgnosis Songs Fund…

Chris Cooke • 15 Sep 2023

Hipgnosis founder outlines progress in lifting songwriters “from the bottom of the economic equation”

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Hipgnosis • 4 min read

Hipgnosis founder outlines progress in lifting songwriters “from the bottom of the economic equation”

Hipgnosis founder Merck Mercuriadis has commented on recent trends and debates in the music rights sector in the latest annual…

Chris Cooke • 14 Jul 2023

Hipgnosis completes $200 million rights acquisition deal with Justin Bieber

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Hipgnosis • 2 min read

Hipgnosis completes $200 million rights acquisition deal with Justin Bieber

Hipgnosis has confirmed that its much rumoured deal with Justin Bieber is now in the bag. Under the deal, worth…

Chris Cooke • 25 Jan 2023

Hipgnosis confirms billion dollar partnership with Blackstone

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Hipgnosis • 2 min read

Hipgnosis confirms billion dollar partnership with Blackstone

A heavily rumoured new alliance between the Hipgnosis empire of Merck Mercuriadis and investment outfit Blackstone was officially confirmed yesterday.…

Chris Cooke • 13 Oct 2021