Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey registered investment company established to offer investors a pure-play exposure to songs and associated musical intellectual property rights. The Company has raised a total of over £1.1 billion (gross equity capital) through its Initial Public Offering on 11 July 2018, and subsequent issues in April 2019, August 2019, October 2019, July 2020, September 2020 and February 2021. In September 2019, Hipgnosis transferred its entire issued share capital to the Premium listing segment of the Official List of the FCA and to the London Stock Exchange s Premium segment of the Main Market, and in March 2020 became a constituent of the FTSE 250 Index. Since April 2021, the Company has been resident in the UK for tax purposes and is recognised as an investment trust under applicable HMRC regulations.
Investegate |Hipgnosis Songs Fund Announcements | Hipgnosis Songs Fund: Proposed Placing
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Joel Little arrives at the 32nd Annual ASCAP Pop Music Awards held at Lowes Hollywood Hotel on April 29, 2015 in Hollywood, Calif.
The songwriter-producer has also worked on blockbuster songs for Imagine Dragons and Khalid.
Hipgnosis Songs Fund has acquired the lucrative song catalog of Grammy-winning songwriter, producer and musician Joel Little, whose credits include smash hits for Taylor Swift (“You Need to Calm Down, “Me!” feat. Brendon Urie), Khalid (“Young, Dumb & Broke”) Imagine Dragons (“Whatever It Takes”) and Lorde (“Royals”).
According to a release announcing the deal, Little’s songs have been streamed over 15 billion times worldwide. Broken down by year, his catalog brought in a combined $1.316 million in 2017, $2.981 million in 2018 and $4.323 million in 2019. Based on royalty statement revenue in calendar year 2019, 36% of those royalties derived from his writer’s share of income, while 30% came from streaming, 15% c
Music Business Worldwide
June 4, 2021
Joel Little
Hipgnosis Songs Fund has acquired another string of serious hits, this time from Grammy-winning songwriter, producer, and musician Joel Little.
Hipgnosis has acquired 178 song rights from New Zealand’s Little, including both the writer’s and publisher’s share of this catalog.
Those songs include hits recorded by the likes of Taylor Swift (Me!), Khalid (Young Dumb & Broke), Imagine Dragons (Whatever It Takes) and Lorde (Royals).
Hipgnosis’s filings reveal that the 178 songs generated $4.32 million in 2019, and $2.98 million in 2018.
Little is best known for his collaboration with Lorde, co-writing and producing both her debut EP, ‘The Love Club’, as well as her first album, ‘Pure Heroine’, and for co-writing her second album, ‘Melodrama’.
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