Variety Staff Follow Us on TwitterVeteran manager and recording executive Merck Mercuriadis’ Hipgnosis Songs Fund Ltd. is adding the Barry Manilow catalog to its $1 billion-plus portfolio.Manilow, a Grammy, Tony and Emmy winner, is among the most successful recording artists of the 1970s and 1980s with 50 Top 40 singles to his name.
Manilow’s career has continued to flourish in the decades since as a live performer.Hipgnosis Song Fund already controls approximately 12,000 songs, ranging from Rihanna’s “Umbrellas” to Al Green’s “Let’s Stay Together” and the Eurythmics’ “Sweet Dreams,” representing $1 billion in acquisitions after its July 2018 IPO on the London Stock Exchange successfully raised $265 million.
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