Neil Young Lindsey Buckingham Shakira Blondie Neil Young Lindsey Buckingham

Hipgnosis has spent $1billion on artist catalogues in the past year

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Lindsey Buckingham and Blondie, as well as Jimmy Iovine’s worldwide producer royalties and half of Neil Young’s songs in a deal thought to be worth an estimated $150 million (£110 million).Shakira also sold all 145 of her songs, including ‘Hips Don’t Lie’, ‘She Wolf’ and ‘Whenever, Wherever’, all part of the deal.Merck Mercuriadis, Hipgnosis Songs Fund CEO, told Music Week: “We are delighted to announce a strong set of annual results which reports on a remarkable year for Hipgnosis… This strong return evidences not only our ability to be able to buy and manage our culturally important and extraordinarily successful songs well but also the highly uncorrelated nature of proven songs.He added: “Whilst we would never have wished for a pandemic,.

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