Merck Mercuriadis has splashed out again with his Hipgnosis Songs Fund acquiring the catalog of British hitmakers, TMS. The deal includes 10 Top 5 U.K. singles and five #1s performed by the likes of Jess Glynne, Little Mix, Emeli Sandé and Paloma Faith.
Hipgnosis has acquired a 100% interest in 121 songs, except for the writers’ share of performance income. TMS is the songwriter and production trio of Thomas “Froe” Barnes, Benjamin Kohn and Peter “Merf” Keller.
“Having watched what Merck, Nile [Rodgers] and Hipgnosis have been building, we’re extremely impressed by all they’ve achieved in a very short space of time,” TMS said. “The catalogs already acquired speak volumes about their ambition and it’s nice to know that our songs will be sitting in some very esteemed company.”
