Hipgnosis acquires 105 songs from Grammy-winner Andrew Watt in eight-figure deal
May 5, 2021
These songs include Watt’s stake in huge hits such as
Señorita by Shawn Mendes and Camila Cabello,
Havana by Camila Cabello (feat Young Thug),
Let Me Love You by DJ Snake (feat Justin Bieber),
Eastside by Benny Blanco, Halsey and Khalid, and
Youngblood by 5 Seconds Of Summer.
Hipgnosis hasn’t disclosed what it paid for the songs from Watt (real name Andrew Wotman, who is managed by Scooter Braun). But MBW can make an educated estimate – and we believe it’s upwards of $45 million.
A filing this morning (May 5) reveals that the Watt catalog acquired by Hipgnosis generated $1.27m in 2017, $3.41m in 2018, and $4.34m in 2019.
“TO talk of drama is to speak of the very essence of the Grand National, but in the long and compelling history of this extraordinary race there have been few finishes to match the breathtaking late, late surge by the favourite Rough Quest on whom Mick Fitzgerald seized the most spectacular of victories.”
So wrote John Karter for The Sunday Times of the 7/1 shot trained by Downings man Terry Casey in 1996.
It was, as they say, a thriller and as the runners go to post this Saturday for the biggest steeple chase in the world, no doubt commentators will look back on the magic masterminded by the duo of Casey and Fitzgerald a quarter of a century ago.
Ivrnet Inc.: Ivrnet Announces Shares for Debt Transactions
Ivrnet or the
Company ) announces that it has entered into an agreement with a former arms-length service provider, pursuant to which Ivrnet will issue an aggregate of 2,290,909 common shares in satisfaction of Canadian dollar indebtedness of $126,000 currently owing to such former service provider.
Ivrnet has determined to satisfy the indebtedness with common shares in order to preserve its cash for general working capital purposes. The common shares will be issued upon acceptance by the TSX Venture Exchange. The common shares issued in satisfaction of the indebtedness will be subject to a four month hold period from the date of issuance.
Links 3/14/2021 | naked capitalism nakedcapitalism.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nakedcapitalism.com Daily Mail and Mail on Sunday newspapers.
Ivrnet Inc.: Ivrnet Announces Grant of Stock Options
Ivrnet or the
Company ) announces that it has granted stock options for a total of 5,696,000 common shares of the Company to officers, directors, employees and consultants of the Company. These stock options are exercisable at CDN $0.055 per stock option and will expire on February 22, 2026, five years from the date of grant. 1,250,000 stock options vest immediately on the grant date and 4,446,000 stock options vest over a period of 36 months following the grant date. These stock options are governed by the terms and conditions of the Company s stock option plan.
Following this grant of stock options, Ivrnet has a total of 5,696,000 stock options outstanding representing approximately 6% of the outstanding common shares of Ivrnet.