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The Latest Breaking News from Hipgnosis

Hipgnosis needs to hit fast forward towards a sale

A second consecutive cancellation of dividends suggests swift and drastic measures are needed at the music rights business

The Guardian - UK

“The world of music was going through some serious changes and we were not embracing them”: how Yes’s Going For The One and Tormato almost ended things for good

Punk rock, flying fruit and rollerskating accidents – how Yes went from triumph to disaster at the end of the 1970s

Louder

Owners of Beyoncé and Justin Bieber's music on verge of shutting down

Hipgnosis failed in its bid to receive a new mandate from investors as share prices tanked and its portfolio devalued.

Fortune

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Hipgnosis investors vote against UK-listed song royalties group continuing

Business that bought rights to Neil Young and Béyonce back catalogues must now restructure or face being wound up

The Guardian - UK

Hipgnosis shareholders vote for resolution to wind up songs fund

The Hipgnosis board will have a final chance to save the fund, once called “the future of music publishing” as it must present its plans for its future within six months

Evening Standard

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

The Guardian - UK

Hipgnosis board unable to find better offer in $440m song sale

The fund faces a crucial vote on its future this week

Evening Standard

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Beyoncé’s ex-manager fights ejection from his music royalties fund

Merck Mercuriadis promised to turn songs into gold on launching Hipgnosis. Now, a review could see him ousted

The Guardian - UK

Dividend shocker shows need for some robust governance at Hipgnosis

Shareholders now almost certain to reject stinker of a deal to sell fifth of music rights catalogue to Blackstone

The Guardian - UK

Beyoncé and Neil Young song fund Hipgnosis slashes amount it expects from royalties

Share price hits record low as London-listed company says it will not pay shareholders a dividend

The Guardian - UK

Hipgnosis shares plunge as it withdraws dividend over lower-than-expected streaming royalties windfall

Shares in the Hipgnosis Songs Fund lost as much as 15%, leaving it valued at half of its 2021 peak

Evening Standard

Hipgnosis fund sells $465m worth of songs as City doubts music investment model

Hipgnosis said it sold the tunes by artists like Shakira and Barry Manilow its share price didn’t reflect the value of the songs it owns

Evening Standard

"Loath to actually leave Pink Floyd, Syd Barrett made it so they had to chuck him out. And none of them ever got over it": Storm Thorgerson's documentary on the Pink Floyd founder reviewed

Have You Got It Yet? The Story Of Syd Barrett And Pink Floyd reviewed

Louder

Don’t stop the music (… and my £2 billion fund)

Merck Mercuriadis, the song factory investment boss, on why he believes the good times are rolling again at last

Evening Standard

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The Guardian - UK

Squaring the Circle (The Story of Hipgnosis) review – album cover as concept art

Anton Corbijn directs this enjoyable documentary about the design duo who created extraordinary images for Pink Floyd, 10cc, Led Zeppelin and more

The Guardian - UK

‘They found ways to do the impossible’: Hipgnosis, the designers who changed the record sleeve for ever

Control director Anton Corbijn’s new film tells the chaotic, tragic story of the creative duo behind some of the most recognisable covers of all time

Reason

Review: Squaring the Circle (The Story of Hipgnosis)

Classic rock revisited.

Louder

Rush take centre stage with Signals on the cover of the new issue of Prog, on sale now!

Plus Jethro Tull, Hawkwind, Alan Parsons Project, Hipgnosis, Crown Pands, Exploring Birdsong and loads more...

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The Conversation

The Dark Side of the Moon at 50: an album artwork expert on Pink Floyd’s music marketing revolution

This month marks 50 years since the release of The Dark Side of the Moon. Pink Floyd’s eighth studio album beamed the band into super stardom with platinum-selling singles such as Money and The Great Gig in the Sky.

Daily Mirror

Pink Floyd’s The Dark Side of the Moon cover designer shares what inspired iconic artwork

Storm Thorgerson and Aubrey “Po” Powell, who designed the iconic album cover, created a number of stories about the cover's creation to add to the mystery but Po has finally shared the true story

The Conversation

Justin Bieber sells his back catalogue – an expert explains why artists give up rights to their music

Justin Bieber is the latest artist in a growing list of musicians who have sold the rights to their music.

The Guardian - UK

Thursday briefing: How Justin Bieber selling his back catalogue for $200m could change music

In today’s newsletter: The Canadian singer is the latest among many stars to give up the rights to their music in exchanging for untold sums – but will it change the industry?

Tribune News Service

Justin Bieber sells entire music catalog to Hipgnosis for $200 million

Justin Bieber is selling his entire music catalog to Hipgnosis Songs Capital for more than $200 million.

Daily Mirror

Justin Bieber sells his entire 15-year music catalogue for $200million

The hitmaker, who is worth an estimated $300million, has released six studio albums over the years, along with countless singles and collaborations. He has sold 150million records worldwide, making him one of the most successful recording artists in history

AFP

Justin Bieber sells music rights for $200 mn

New York (AFP) - Pop juggernaut Justin Bieber has sold his music publishing and recording catalog shares to the Blackstone-backed Hipgnosis Songs Capital for $200 million, the company said Tuesday -- marking the industry's latest blockbuster rights deal.

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