David Foster Stephen King Sweden performer song president Music CEO Strategy Merck David Foster Stephen King Sweden

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DEALSHipgnosis has acquired the writer’s share of performing rights income related to the catalogue of songwriter David Foster. “David is recognised globally as one of the greatest songwriters and producers of all time”, says CEO Merck Mercuriadis. “He is the songwriters’ songwriter and the producers’ producer.

David is truly special, and we are delighted to be working with his almost 50 years of incredible songs and to welcome him to the Hipgnosis family”.————————————————–APPOINTMENTSWarner Chappell has promoted Claire McAuley to EVP Global Rights Management. “Our strategy at Warner Chappell Music is to do everything it takes to get our songwriters paid for their music, wherever in the world their songs are used”, she says. “We’ve made considerable investments in our people and our systems over the past few years, and our songwriters are already noticing the benefits of these changes.

But there’s even more we can do as the music ecosystem continues to evolve”.Web3 media company Public Pressure has launched a new music division, Public Pressure Music.

It is headed up by Stephen King, who previously held senior roles at music distributor and services company Believe. “The ambition and vision of Public Pressure is incredible”, says King. “They are leading the way in their field and creating new opportunities for music and other creative industries to work together in the exciting new environment of the metaverse.

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