Has music’s multimillion-dollar back catalogue money-go-round started to slow?
The London-listed Hipgnosis Songs Fund started the new year with a blast, spending an estimated $150m (£108m) for a 50 per cent stake in the rights to 1,180 songs written by Neil Young. Hipgnosis also struck deals with Shakira, Fleetwood Mac guitarist Lindsey Buckingham and producer Jimmy Iovine.
With money-spinning tours on hiatus, deals like these enjoyed a mini-boom in 2020.
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