Hipgnosis announces leadership reshuffle as it gears up for big vote October 19, 2023 The board of Hipgnosis will conduct a "strategic review" as it tries to appease shareholders, set for a continuation vote next week.
Round Hill Music shareholders approve $469m sale to Concord October 19, 2023 Shareholders of London-listed Round Hill Music have overwhelmingly voted in approval voiced of a $468.8 sale to Alchemy Copyrights.
Hipgnosis share price dives more than 10 per cent after it cancels dividend October 16, 2023 Shares in Hipgnosis plunged as much as 16 per on Monday, following an announcement it has abandoned plans to pay an interim dividend.
Sir Elton John joins list of celebrity backers for new music technology business October 10, 2023 Audoo, a company which helps artists receive fairer royalty payments, has added Sir Elton John to its expansive list of celebrity backers.
Hipgnosis may swerve buyout avoiding recent fate of LA-based rival RHM September 11, 2023 Shares in Hipgnosis Songs Fund rose as much as 16.5 per cent on Friday after it emerged rival music royalty firm Round Hill Music (RHM) had received a cash offer for a multimillion dollar buyout. But analysts say this does not necessarily mean the same fate awaits Hipgnosis. After US company RHM failed to reverse [...]
Hipgnosis share price rockets after £376m Round Hill Music takeover September 8, 2023 Shares in Hipgnosis Songs Fund jumped as much as 16.5 per cent on Friday morning following the news that rival music royalty firm Round Hill Music (RHM) is set to be rescued by a multi million dollar buyout. Los Angeles based Alchemy Copyrights has offered to buy US company RHM for $469m (£376m), causing its [...]
Brexit red tape ties up musicians touring EU and cuts into earnings September 7, 2023 Mountains of expensive Brexit-induced paperwork is costing eight in ten British musicians their hard-earned cash, a new report has found. Of 1,500 music artists and professionals touring Europe, one third reported post-Brexit paperwork is hurting their earnings, according to a new study by industry body UK Music, first shared with news site PoliticsHome. Eight in [...]
One Media shares soar 18 per cent after Gloria Gaynor and The Drifters amp up catalogue September 5, 2023 Shares in One Media IP rose as much as 18 per cent on Tuesday afternoon, after the digital music rights firm announced it has snapped up a new catalogue of iconic grooves. The AIM-listed content provider bought the licensor’s income share of the “Entertain Me” catalogue of rights which includes over 15,000 tracks from top [...]
Sunak appoints UK Music chief as his new director of strategy August 31, 2023 UK Music chief executive Jamie Njoku-Goodwin is to step down from his role to become Rishi Sunak’s new director of strategy.
BBC sells iconic Maida Vale Studios to Hans Zimmer August 14, 2023 The BBC has sold its iconic Maida Vale Studios to a partnership of film producers and composer Hans Zimmer for an undisclosed sum. Once echoing with the sounds of music legends like The Beatles, David Bowie and Dusty Springfield, the recording hub has been sold to a partnership between film producers Tim Bevan and Eric Fellner, [...]