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music
Oasis Reunion Tour Set to Be a Financial Phenomenon
The music industry is abuzz with the news of the Oasis reunion tour, which is expected to be the most popular tour in British history and a solid gold financial hit. The band's shows next summer are anticipated to generate a massive…
Sony Music is reportedly in discussions to purchase Queen’s entire music catalog for $1bn
According to , Bloomberg, Sony Music has been in discussions to purchase Queen's entire music catalog, including songs like Bohemian Rhapsody, Radio Gaga and more, for a possible $1bn deal (£800m).
According to of the Bloomberg report…
PRS for Music collects a record £1bn music royalties
For the first time ever in its 110 year history, one of Britain's biggest royalties collectors for songwriters has exceeded the £1 billion revenue mark.
In 2023, PRS for Music, a company that represents over 175,000 songwriters composers…
Concord Chorus and UK music investor Hipgnosis reach agreement on £1.1bn purchase
After months of turmoil, the British music royalties fund Hipgnosis has agreed to be taken over by a rival music and theatrical rights company for $1.4bn.
The Concord Chorus agreement, which offers Hipgnosis' shareholders a premium of…
Hipgnosis shareholders support £20m in sweetener to be added to the music sale
Shareholders of Hipgnosis Songs Fund overwhelmingly supported a board proposal that would pay a fee up to £20million to potential suitors to increase the appeal of bidding on its music assets.
A special resolution was passed at an…
Funding for Shakira and Neil Young songs reaches record low
The shares of one of the largest music rights owners are at an all-time high, the latest indication that gold rush for back catalogues is over.
Hipgnosis' stock fell after the company said that its accountants have reduced their…