Neil Young has sold 50% of the rights to his entire back catalogue in a landmark new deal.Hipgnosis Songs Fund purchased 1,180 songs by the Canadian musician in a deal that is said to be worth an estimated $150 million (£110 million), according to the BBC.The Young acquisition comes after the company acquired the rights to former Fleetwood Mac singer Lindsay Buckingham‘s back catalogue this week, as well as Jimmy Iovine’s worldwide producer royalties.“This is a deal that changes Hipgnosis forever,” Hipgnosis founder Merck Mercuriadis said of the Young deal. “I bought my first Neil Young album aged seven.
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