Variety Staff Follow Us on TwitterVeteran manager and recording executive Merck Mercuriadis’ Hipgnosis Songs Fund Ltd. is adding 197 songs written by Blondie co-founders Debbie Harry and Chris Stein to its $1 billion-plus portfolio.
Hipgnosis is acquiring 100% of Harry and Stein’s writers’ shares along with neighboring rights.Hipgnosis Song Fund already controls some 13,000 songs, ranging from Rihanna’s “Umbrellas” to Al Green’s “Let’s Stay Together” and the Eurythmics’ “Sweet Dreams,” representing $1 billion in acquisitions after its July 2018 IPO on the London Stock Exchange successfully raised $265 million.
Mercuriadis boasted of having made “60 deals in the past 21 months” in April, acquiring song publishing catalogs by the likes of.
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