Who owns Hipgnosis song Management?

Merck Mercuriadis
Hipgnosis Songs Fund is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018.

How does Hipgnosis work?

Unlike the traditional music publishing business model, in which the publishing company might take a fixed percentage of a song’s proceeds every time it’s played on a streaming site or used in a commercial, Hipgnosis pays the artist a flat fee in exchange for the rights to 100% of the song’s future proceeds.

Why is Hipgnosis buying music?

Founded in 2018, Hipgnosis buys artists’s catalogs with the aim of licensing those songs for film, TV shows, video games, commercials, covers from other artists, and so forth. It’s what music publishing companies have always done, so by no means is Hipgnosis the only player in this space.

Does Blackstone own Hipgnosis?

He said the funds will allow the company “to invest in proven songs as well as grow our song management team and bring additional sophistication to HSM.” Blackstone acquired an ownership stake in Hipgnosis as part of the deal.

Can I buy rights to a song?

If you’re not up to the task of tracking down the copyright owner of the musical work(s), you can purchase a royalty-free license. Note that royalty-free doesn’t necessarily mean the license itself is free, just that you won’t pay royalties for using it.

Is hipgnosis a publisher?

Hipgnosis is increasingly making its presence felt as a music publisher.

Do music royalties expire?

For artists in the US, the copyright protection of a song lasts for the lifetime of the copyright holder and an additional 70 years after their demise. This law applies to all bodies of works that have been published since 1978. The payment on these royalties also lasts for the duration of the copyright protection.

Why are artists selling Catalogues?

Artists are cementing their legacies by selling their catalogs for cash as music becomes more valuable in the streaming era. Investors and music publishers have been buying catalogs for as much as 30 times their average annual royalties.

Who owns Merck mercuriadis Hipgnosis?

the Blackstone Group
In July, the fund was valued at $2.2 billion. In October 2021, the Blackstone Group announced a partnership with Hipgnosis Songs Management backed by $1 billion in funds managed by Blackstone. It also acquired an ownership stake in Hipgnosis.