Today marks the first day of dealings for Hipgnosis Songs Fund Ltd, as they list on the Specialist Fund Segment on the Main Market on the London Stock Exchange.
Founded by Merck Mercuriadis, former manager of high profile artists including Beyonce, Elton John, Guns N’ Roses and Macy Gray, Hipgnosis will invest in songs as a safer alternative in protecting the meaning and securing the financial future of the creator’s songs. The advisory board includes Grammy award-winning songwriter, producer and musician, Nile Rogers, as well as Grammy award-winning songwriter, producer and musician, ‘The-Dream’.
Singer Capital Markets are incredibly proud to be part of this journey, acting as Financial Adviser and Bookrunner having raised £200 million.
Hipgnosis: We want 20 percent of the global publishing market from CNBC.