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Pin to quick picksHipgnosis Song. Share News (SONG)

Share Price Information for Hipgnosis Song. (SONG)

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Share Price: 101.00
Bid: 101.00
Ask: 101.20
Change: -1.00 (-0.98%)
Spread: 0.20 (0.198%)
Open: 101.60
High: 101.60
Low: 101.00
Prev. Close: 102.00
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Hipgnosis Songs is an Investment Trust

To provide shareholders with an attractive and growing level of income, together with the potential for capital growth, from investment in songs and associated musical intellectual property rights.

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Hipgnosis Song Management buys song catalogue of Justin Timberlake

Thu, 26th May 2022 15:05

(Alliance News) - Hipgnosis Song Management Ltd said Thursday it has bought the song catalogue of singer, songwriter and record producer Justin Timberlake.

No financial details were provided by Hipgnosis. It said it acquired 100% of the copyright, ownership and financial interests of the writer and publisher's share of public performance income. Also included are worldwide administration rights to the compositions, starting after 2025.

Timberlake rose to fame in 1995 as a member of NSync and went on to a solo music career, working with the likes of producers such as Pharrell Williams and Timbaland. As an actor, he appeared in 'The Social Network' and other films.

The Memphis, Tennessee native has released five solo studio albums to date: 'Justified', 'FutureSex/LoveSounds', 'The 20/20 Experience', 'The 20/20 Experience - 2 of 2' and 'Man of the Woods'.

The purchase was made on behalf of Hipgnosis Songs Capital, the partnership with funds managed by US private equity firm Blackstone Inc for which Hipgnosis Song Management is the investment advisor.

Hipgnosis Song Management also is the investment advisor for FTSE 250-listed Hipgnosis Songs Fund Ltd

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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9 May 2024 15:21

London close: Stocks manage gains as BoE holds rates

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

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9 May 2024 11:49

TOP NEWS: Blackstone victorious as Concord says Hipgnosis bid is final

(Alliance News) - Concord Chorus Ltd on Thursday said it will not raise its bid for Hipgnosis Songs Fund Ltd, handing victory to Blackstone Inc in its pursuit of the music rights investor.

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9 May 2024 11:02

Blackstone set to clinch Hipgnosis Songs as Concord sticks with lower bid

May 9 (Reuters) - Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music rights owner of artists such as Shakira and Red Hot Chili Peppers.

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9 May 2024 08:13

Blackstone leads Hipgnosis race as Concord says bid is final

(Sharecast News) - Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1.25-a-share offer was final.

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29 Apr 2024 15:08

London close: Stocks manage to finish above the waterline

(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.

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29 Apr 2024 12:03

LONDON MARKET MIDDAY: Outperforming FTSE 100 spikes to another record

(Alliance News) - London's FTSE 100 was higher heading into Monday afternoon, though trade was more cautious in mainland Europe, as focus turns to this week's Federal Reserve interest rate decision.

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29 Apr 2024 08:54

TOP NEWS: Hipgnosis Songs backs new bid as Blackstone eclipses Concord

(Alliance News) - Hipgnosis Songs Fund Ltd on Monday backed a USD1.57 billion takeover offer from Blackstone Inc, trumping a previous offer from Concord Chorus Ltd, as the pursuit for the music rights publisher took another twist.

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29 Apr 2024 08:54

LONDON MARKET OPEN: Solid start to week for record-setting FTSE 100

(Alliance News) - Stocks in London opened at a record high on Monday, as a key week for equities got off to a solid start.

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29 Apr 2024 08:31

Blackstone beats Concord with $1.6 bln bid for Hipgnosis Songs

Concord had earlier outbid Blackstone

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29 Apr 2024 07:50

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid

(Alliance News) - London's FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week.

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29 Apr 2024 07:02

Blackstone ups bid for Hipgnosis with $1.57bn offer

(Sharecast News) - Music rights owner Hipgnosis said it it agreed terms on a $1.57bn (£1.26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.

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28 Apr 2024 15:47

Blackstone to make improved bid for Hipgnosis, Sky News reports

April 28 (Reuters) - Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday.

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28 Apr 2024 15:06

Blackstone to make improved bid for Hipgnosis, Sky News reports

April 28 (Reuters) - Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday. (Reporting by Akanksha Khushi in Bengaluru; Editing by Alexandra Hudson)

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24 Apr 2024 19:33

TOP NEWS: Concord looks to thwart Blackstone with raised Hipgnosis bid

(Alliance News) - Hipgnosis Songs Fund Ltd on Wednesday said it had reached an agreement on the terms of an increased takeover offer from music rights acquirer Alchemy Copyrights, which trades as Concord Chorus Ltd.

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24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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