The Hipgnosis Songs Fund has started the year with a flurry of acquisitions, including a big one that involves taking a 50% stake in the entire global songs catalogue of Neil Young.
That’s 1180 songs by Young that Hipgnosis now co-owns, via a deal that reportedly set the firm back $150 million.“I bought my first Neil Young album aged seven”, says Hipgnosis founder Merck Mercuriadis.
And if you think that sounds like the beginning of a very long story, well done, you are correct. “‘Harvest’ was my companion and I know every note, every word, every pause and silence intimately”, he goes on.
Read more on completemusicupdate.com
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