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The Song Manager: Hipgnosis’ Nick Jarjour Sees a Financially Fruitful Future for Hit Rights Holders
Geoff Mayfield “Think about Michael Jackson’s stake in music publishing,” says Nick Jarjour, global head of song management for Hipgnosis. “How much would his half of Sony/ATV have been worth if we were using today’s valuations?”The answer to his hypothetical question, without adjusting for inflation, is that the $95 million Jackson got for selling 50% of ATV to Sony in 1999 would be worth more than $2.3 billion using 2021 multiples.
