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The Latest Breaking News from Hipgnosis

Part of claim against Barry Manilow to be paused in England, judge rules

Hipgnosis Songs Fund is bringing legal action over unpaid royalties and a bonus against the singer at the High Court in London

Evening Standard

Barry Manilow’s million-dollar claim against owners of his music ‘should be heard in US’

Hipgnosis was co-founded by former Beyonce manager Merck Mercuriadis and Nile Rodgers of Chic

The Independent UK

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

The singer says he is owed money from the company that owns his music catalogue.

Evening Standard

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“I was on Battersea Bridge when the pig broke free. I drove to the power station and saw this look of schoolboy glee on Roger Waters’ face… ‘You sort this out, Po’”: Aubrey Powell’s Hipgnosis story

Storm Thorgerson’s right-hand man on breaking the law, pushing creative concepts, refusing to work with record labels, watching Pink Floyd get rich and staying friends by never taking sides

Louder

“He said, ‘You’ll be with me for a short time because I won’t be able to keep you.’ And he was right… We were always quietly confident”: What went right for 10cc, what went wrong, and how they could have avoided it

Graham Gouldman explains why the art-rock icons believed in themselves so much, the album that best represents them, and why he’d never release new music using the band name

Louder

“In the 80s, you ordered a gram of cocaine like you ordered a beer. Doing cocaine was normal in those days”: The high times and crazy life of the Scorpions

Rudolf Schenker, Klaus Meine and Matthias Jabs look back on the career of Germany’s biggest rock band

Metal Hammer

Music Catalog Fund Hipgnosis Sold To Blackstone

Shareholders of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a $1.6 billion takeover from US private equity firm Blackstone, filings showed Tuesday.

International Business Times

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‘Songwriters deserve a bigger piece of the pie’: the music publishing boss on the threat of AI

Shani Gonzales of Warner Chappell says that although people are ‘having fun’ with creating AI songs, ‘what happens when someone tries to sell it?’

The Guardian - UK

Private equity group to improve offer for Beyoncé song fund Hipgnosis

Blackstone to increase bid to level that would value London-listed group at nearly $1.6bn

The Guardian - UK

“I was keen to get a new audience. It took me until album number three before I found an identity”: The adventure of Peter Gabriel’s first four solo records

Car, Scratch, Melt and Security log the incredible distance he covered between leaving Genesis and creating So

Louder

Founder of Hipgnosis Songs Fund accuses ex-partner over failed business

The now dissolved Hipgnosis Music received funds that were proceeds of fraud, Merck Mercuriadis alleges in court documents

The Guardian - UK

Blackstone Wins Bidding War For UK Music Rights Firm

US private equity firm Blackstone emerged victorious Thursday in a takeover battle for struggling UK music rights owner Hipgnosis Songs Fund, after American group Concord refrained from improving its bid.

International Business Times

Hipgnosis in takeover tussle as UK music investor says it would accept rival bid

Possible counteroffer by Blackstone could derail agreement with US fund Concord Music

The Guardian - UK

There should be no rush to replay Hipgnosis’s noisy stock market experiment

The sale of the music fund ends its tumultuous years as a listed company – and that may be for the best, for it and its investors

The Guardian - UK

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The Guardian - UK

UK music investor Hipgnosis agrees £1.1bn takeover by Concord Chorus

Shares in Beyoncé and Neil Young song fund rise amid hopes uncertainty over its future could be over

Evening Standard

One-time ‘future of music publishing’ Hipgnosis Songs Fund sold to US firm

It also appears to be the end of the road for music mogul Merck Mercuriadis’ role in managing the famous songs fund

The Guardian - UK

Beyoncé and Blondie song fund Hipgnosis needs to find a new tune

Investment fund’s shares fell as it cut the value of its music portfolio – either sell-off or break-up looms

Evening Standard

Hipgnosis Songs Fund takeover 'more likely' after portfolio value plunge

The stock fell 15% to hit a fresh all-time low

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The Guardian - UK

Hipgnosis cuts value of music portfolio that includes Beyoncé and Blondie hits

Royalties investment fund also to suspend dividends after review lowered valuation by 26% from six months ago

Evening Standard

Hipgnosis Songs Fund seeks indemnity from founder Mercuriadis in 'stolen idea' lawsuit

A spokesperson for Hipgnosis Songs Management and Merck Mercuriadis said both parties denied the claims and intended to defend them vigorously

Creative Bloq

3 creative lessons from Netflix's Squaring the Circle

Hipgnosis worked on album art for iconic bands like Pink Floyd, Led Zeppelin – and they have a lot to teach us today.

Evening Standard

Hipgnosis founder accused of ‘cherry picking' best songs for sale

It comes as the fund continues to fight for its survival

Evening Standard

Hipgnosis Songs Fund chair slams ‘ongoing failures’ as contract error costs up to $4m

It comes as the fund's losses widened to $63.7 million

The Guardian - UK

Investors are hearing the wrong tune from Hipgnosis Songs Fund

Fund deriving income from song royalties sounded great in theory but in reality it is a musical mess

The Guardian - UK

Beyoncé and Blondie song fund Hipgnosis delays results amid valuation concerns

Company says songs have been assessed as worth more by independent valuer than recent transactions in the sector

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