Blighty Beat
MERCK FLOATS HIPGNOSIS SONGS
6/29/18

Respected manager and former Sanctuary CEO Merck Mercuriadis has proceeded with the plan to float his Hipgnosis Songs Fund on the London Stock Exchange after successfully raising £200m ($264m) from an initial investor pool. Shares will be publicly traded starting 7/11.

As SONGS, the firm is the first LSE listed pure-play music investment firm and is so far the biggest fund IPO of this year.

The cash will be used to buy a bank of songs by more than 50 artists from the past five decades. Included are “proven, evergreen songs from award-winning songwriters” and more than 10 U.S. and U.K. #1 hits. We have word that Mercuriadis has lined up £400m worth of deals in the pipeline to choose from.

…Read more

UMG AND TIKTOK
WORK IT OUT
The kerfuffle is in the past. (5/2a)
LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL
A breakdown from the boss (5/2a)
JAMES KING: THE HITS INTERVIEW (PART ONE)
London calling (5/2a)
TOP 20: IT’S STILL TAYLOR’S WORLD
Large and in charge (5/2a)
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)