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Music

Justin Bieber ‘de-risking his future’ by selling back catalogue, fund boss says

The boss of a music fund that has bought the rights to Justin Bieber’s catalogue for a reported 200 million US dollars (£162.2 million) said the singer is “de-risking his future” and giving himself an “independence” many will envy. Bieber, one of ...

25 Jan 2023 at 08:31

Patients with incurable cervical cancer to be offered new drug

Patients with incurable cervical cancer are to be offered a new treatment which could give them more time with their loved ones. Keytruda, an immunotherapy drug manufactured by Merck Sharp and Dohme (MSD), is the first new treatment in 14 years ...

29 Mar 2023 at 00:01

Football

Harry Kane breaks goalscoring record as Bayern bounce back to beat Darmstadt

Harry Kane broke the record for most goals scored by a debutant in a Bundesliga season as Bayern Munich secured a 5-2 comeback win at bottom club Darmstadt to draw themselves within seven points of leaders Bayer Leverkusen. The England captain ...

16 Mar 2024 at 17:16

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

Hipgnosis faces takeover battle after receiving counter bid worth £1.2bn

Hipgnosis Songs Fund could be about to face a takeover battle after revealing it would be willing to accept a counter bid, valuing its catalogue of tracks from artists including Beyonce and Mark Ronson at more than £1.2 billion. ...

22 Apr 2024 at 15:33

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 ...

16 Oct 2023 at 11:54

City

Hipgnosis considers management shake-up ahead of crunch vote on future

Hipgnosis Songs Fund has announced plans for a shake-up that could see a new management team in charge of running the troubled music fund set up by Nile Rodgers and the former manager of Sir Elton John and Beyonce. The ...

19 Oct 2023 at 17:55

City

Hipgnosis founder quits amid plans to ‘spend time’ backing songwriters over pay

The founder of Hipgnosis Songs Management has announced he is stepping down as its chairman, as the former Beyonce and Sir Elton John manager said he wants to spend more time backing songwriters over fair pay. Merck ...

02 Jul 2024 at 16:57

New mRNA cancer vaccine from Moderna trialled in British patients

A new mRNA cancer vaccine made by pharmaceutical firm Moderna is being trialled in British patients. The mRNA technology – which was adapted to make Covid-19 jabs – works by helping the body recognise and fight ...

04 Feb 2024 at 00:01

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