Music Deal Maker With Rights to Tens of Thousands of Songs Faces Chorus of Investor Unease
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Hipgnosis owns the rights to songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers.
.css-1i2ud9c-CreditTag{font-weight:400;text-transform:uppercase;} Photo: Greg Allen/Associated Press
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Anne Steele
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Investors are demanding a change of tune at Hipgnosis Songs Fund Ltd., the London-listed investment vehicle that owns the rights to tens of thousands of songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers.
Hipgnosis was founded by Merck Mercuriadis , a former pop-star manager who has called catalog copyrights recession-proof, and better than investing in oil or gold. Hit songs can yield decades of payments for their owners, as they are streamed, played on the radio, performed live or featured in advertisements.
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Hipgnosis owns the rights to songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers. .css-1i2ud9c-CreditTag{font-weight:400;text-transform:uppercase;} Photo: Greg Allen/Associated Press. .css-mbn33i-AuthorLink{color:var(--interactive-text-color);font-style:var(--font-style-italic);}.css-mbn33i-AuthorLink:hover{-webkit-text-decoration:none;text-decoration:none;} Julie Steinberg .css-gmqp3n-FollowButton{display:inline;margin:0 8px;}.css-gmqp3n-FollowButton ufc-follow-author-widget:not(.hydrated){display:inline-block;width:60px;} Anne Steele. print. Listen to article. (2 minutes) Investors are demanding a change of tune at Hipgnosis Songs Fund Ltd., the London-listed investment vehicle that owns the rights to tens of thousands of songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers. Hipgnosis was founded by Merck Mercuriadis , a former pop-star manager who has called catalog copyrights recession-proof, and better than investing in oil or gold. Hit songs can yield decades of payments for their owners, as they are streamed, played on the radio, performed live or featured in advertisements. Continue reading your article with a WSJ membership. View Membership Options. Already a member? .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;} Sign In. Michael Kors : Sign Up For Michael Kors KORSVIP and Get 10% off Your First Purchase w/ Michael Kors Promo Code. JCPenney : Today's JCPenney coupon code - 30% off entire purchase. Target : 25% off sitewide with this Target Promo Code. TurboTax : Tax Prep Deal: Up to $89 off TurboTax Live Assisted. H&R Block Tax : Student Loan Forgiveness - Free Consultation with H&R Block. Wayfair : Up to 15% off + free shipping at Wayfair.