A Guernsey Cow in Guernsey, Channel Islands.
Holy cow! The new investment model for music publishing is centered in Guernsey, a small island in the English Channel.
Minneapolis. Seattle. Atlanta. Guernsey?
Most music executives probably don’t know much about the island, a 25-square-mile British Crown Dependency in the English Channel that’s best known for dairy cows and tax avoidance. But the way financial regulations there allow music publishing ventures to organize their assets and operations into separate companies has made it a surprising hot spot, and home to some prominent recent entrants in the business: Hipgnosis Songs Fund Limited, Round Hill Music Royalty Fund Limited and Tailwind Acquisition Corp.