SunStar
AP Phot0 January 08, 2021 NEIL Young has become the latest musician to strike gold with his song catalogue, selling a 50 percent stake in his music to a British investment company in a deal announced on Wednesday. The Hipgnosis Songs Fund said it had acquired half of the copyright and income interests in some 1,180 songs written by the 75-year-old rock star, composer of “Heart of Gold,” “Rockin’ in the Free World” and “Cinnamon Girl.”
Terms were not disclosed.
The deal comes a month after Bob Dylan sold publishing rights to more than 600 songs to the Universal Music Publishing Group for a reported fortune of between $300 million and a half billion dollars.
Thursday, 07 Jan 2021 07:57 AM MYT
Musician Neil Young’s deal comes just a month after Bob Dylan sold his entire back catalogue to Universal Music Publishing Group for a lofty sum reportedly in the realm of US$300 million to US$500 million. AFP pic
Subscribe to our Telegram channel for the latest updates on news you need to know.
NEW YORK, Jan 7 Neil Young is the latest high-profile musician to cash in on his song rights, selling a 50 per cent stake in his music to British investment company Hipgnosis.
The company said it acquired half of Young’s global copyright and income interests of his catalogue, which includes 1,180 songs.
Light conditions for Cockburn Sound Regatta - MySailing com au mysailing.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysailing.com.au Daily Mail and Mail on Sunday newspapers.
David Bauder
FILE - In this May 25, 2019, file photo, Neil Young performs at the BottleRock Napa Valley Music Festival at Napa Valley Expo in Napa, Calif. Young has become the latest artist to strike gold with his song catalog. The Hipgnosis Songs Fund, a British investment company, announced that it had acquired a 50 percent stake in Young s catalog of some 1,180 songs that include Heart of Gold, Rockinâ in the Free World and Cinnamon Girl.
Image Credit: (Photo by Amy Harris/Invision/AP, File) January 07, 2021 - 5:30 AM NEW YORK - Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 per cent stake in his music to a British investment company in a deal announced on Wednesday.