The Red Hot Chili Peppers are selling their publishing rights to Merck Mercuriadis’s Hipgnosis Songs Fund for around $140 million, a source close to the situation tellsRolling Stone. The transaction marksthe latest catalog sale from a major legacy artist and one of the highest profile acquisitions to date for Mercuriadis. …
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Hipgs don’t lie. Shakira has sold the publishing rights to her catalog to Hipgnosis Songs Fund, the company announced early Wednesday morning — the latest in CEO Merck Mercuriadis‘s prolific shopping spree for major stars’ music rights. Hipgnosis bought the entirety of Shakira’s publishing rights for her 145-song catalog, which …
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UPDATE:Following publication,sources with intimate knowledge of the situation claim toRolling Stone that while reps for Dylan did have early conversations with Mercuriadis, UMPG was the only company in which a potential deal was discussed in detail. **** Prior to taking his deal with Universal Music Publishing Group, Bob Dylan turned …
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