All the updated news related to hipgnosis songs fund

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Blackstone set for Hipgnosis victory after rival suitor refuses to increase bid

Apollo-backed Concord has bowed out of a bidding battle for Hipgnosis Songs Fund after saying it will stick with its lower offer, despite being outbid to buy the music rights owner of artists including Beyonce and Mark Ronson. Hipgnosis agreed late ...

09 May 2024 at 10:00

City

Hipgnosis fails to attract offer above £360m for music catalogues

Hipgnosis has said would-be bidders for its proposed music catalogue sale are not willing to match the price of an original 440 million US dollar (£360 million) offer. Shares in Hipgnosis Songs Fund dropped on Tuesday morning following the ...

24 Oct 2023 at 12:26

City

Hipgnosis cuts portfolio value by more than a quarter

Music royalties investment firm Hipgnosis Songs Fund has slashed the value of its portfolio by more than a quarter and warned it would need to prioritise paying down debts as woes mount at the troubled group. The fund, which owns the back ...

04 Mar 2024 at 09:14

City

Hipgnosis delays financial results over concerns songs are being under-valued

Hipgnosis has announced a last-minute delay to the publication of its half-year results, as troubles mount for the music fund set up by Nile Rodgers and Merck Mercuriadis, former manager of Sir Elton John and Beyonce. Hipgnosis Songs ...

19 Dec 2023 at 09:51

City

Hipgnosis reports widening losses as management spat rumbles on

The troubles rocking music royalty fund Hipgnosis have deepened, as the firm hinted at a growing spat with its investment adviser, led by co-founder and former Beyonce manager Merck Mercuriadis. Hipgnosis Songs Funds, which owns the ...

21 Dec 2023 at 09:22

City

Gloomy mood music reigns at Hipgnosis Songs Fund after dividend ditched

A music fund that owns the rights to back catalogues by artists including Justin Bieber and Shakira has seen its shares plunge after scrapping its shareholder dividend payout and warning over lower-than-expected earnings from US ...

16 Oct 2023 at 11:54

Barry Manilow’s 1.5 million-dollar bonus claim should be heard in US, court told

Barry Manilow’s 1.5 million-dollar (£1.19 million) claim for bonus payments against the owners of his music catalogue should be heard in the US, not England, the High Court has heard. The US singer has had an agreement with ...

21 Feb 2025 at 16:15

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