Merck Mercuriadis’ Hipgnosis Songs continues its spending spree with the acquisition of Blondie’s catalog. In a statement issued Wednesday morning (Aug.
5) to the London Stock Exchange, Hipgnosis and its investment adviser The Family announced a deal to buy 100% of Debbie Harry and Chris Stein’s writer’s share and neighboring rights (Sound Exchange) royalties in their Blondie catalogs, tallying 197 songs.
Financial terms were not disclosed. “We are so happy to be working with a progressive company,” say Harry and Stein in a joint statement. “We are looking forward to the future with Hipgnosis’ forward thinking team.” Fronted by Harry, the iconic New York punk-era band was inducted into the Rock And Roll Hall of Fame in 2006 in recognition
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