MERCK FLOATS HIPGNOSIS SONGS

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

		TORTURED POETS UNITE: TAYLOR IS BACK Is she ever. (4/19a) Check It Out Now HITS LIST ENTERS PLAYOFF MODE Will the scoring record be broken? (4/19a) Check It Out Now SONG REVENUE: CALM BEFORE THE STORM J. Cole has his moment; Future-Metro have another big payday. (4/19a) Check It Out Now WARNER CHAPPELL ROPES IN RED CLAY STRAYS Another big get for Guy and Carianne (4/19a) Check It Out Now THE COUNT: COACHELLA, FROM THE COUCH The coziest way to experience the fest (4/19a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

Blighty Beat

MERCK FLOATS HIPGNOSIS SONGS

6/29/18

Respected manager and former Sanctuary CEO Merck Mercuriadis has proceeded with the plan to float his Hipgnosis Songs Fund on the London Stock Exchange after successfully raising £200m ($264m) from an initial investor pool. Shares will be publicly traded starting 7/11.

As SONGS, the firm is the first LSE listed pure-play music investment firm and is so far the biggest fund IPO of this year.

The cash will be used to buy a bank of songs by more than 50 artists from the past five decades. Included are “proven, evergreen songs from award-winning songwriters” and more than 10 U.S. and U.K. #1 hits. We have word that Mercuriadis has lined up £400m worth of deals in the pipeline to choose from.