Beyond Music raises $170m to acquire more music catalogues
South Korean firm Beyond Music has just raised $170m in a round led by its largest existing investor Praxis Capital, to buy music catalogues. The post Beyond Music raises $170m to acquire more music catalogues appeared first on Music Ally. Source: Music ally
Rod Stewart pulls out of potential catalogue sale to Hipgnosis
Rod Stewart has issued a surprisingly blunt statement explaining why he has pulled out of a proposed catalogue sale to Hipgnosis. The post Rod Stewart pulls out of potential catalogue sale to Hipgnosis appeared first on Music Ally. Source: Music ally
Ex-Tidal and Apple Music execs launch Duetti music financing firm
You wait ages for a company to come along trying to democratise music catalogue sales in some way, then… The post Ex-Tidal and Apple Music execs launch Duetti music financing firm appeared first on Music Ally. Source: Music ally
Music investment firm MusicBird secures $100m for rights deals
Despite speculation that the boom time for music catalogue valuations may be coming to an end, you still need a hefty war-chest. The post Music investment firm MusicBird secures $100m for rights deals appeared first on Music Ally. Source: Music ally
Hipgnosis returns to acquisitions with $200m Justin Bieber deal
Hipgnosis has acquired 100% of Justin Bieber’s interest in his publishing copyrights, recordings and neighbouring rights. The post Hipgnosis returns to acquisitions with $200m Justin Bieber deal appeared first on Music Ally. Source: Music ally
Dr Dre joins catalogue sales boom with UMG and Shamrock deals
Did you think the catalogue-acquisitions bandwagon had forgot about Dre? The post Dr Dre joins catalogue sales boom with UMG and Shamrock deals appeared first on Music Ally. Source: Music ally
How does music streaming affect the valuations of catalogues?
We know how streaming has had an impact on the value of the recorded music industry, but what about on the value of music catalogues? The post How does music streaming affect the valuations of catalogues? appeared first on Music Ally. Source: Music ally
Hipgnosis says its portfolio is now worth $2.69bn
Hipgnosis Songs Fund published its latest annual financial results yesterday, for the fiscal year ended 31 March. The post Hipgnosis says its portfolio is now worth $2.69bn appeared first on Music Ally. Source: Music ally
Clouty launches Musiq, a financial-style index for songs
If the catalogue-buying boom has taught us anything, it’s that a growing number of investors see songs as a valuable AND predictable ‘asset class’. The post Clouty launches Musiq, a financial-style index for songs appeared first on Music Ally. Source: Music ally
UMPG buys Sting’s songwriting catalogue for rumoured $300m+
Sting is the latest musician to sell his publishing catalogue, but in his case he’s sold it to a traditional music rightsholder rather than a music-rights investment company. The post UMPG buys Sting’s songwriting catalogue for rumoured $300m+ appeared first on Music Ally. Source: Music ally
Primary Wave buys stakes in Def Leppard masters and publishing
They’re your average ordinary everyday kids… but in Primary Wave Music’s eyes, rock band Def Leppard are also stars worth investing in. The post Primary Wave buys stakes in Def Leppard masters and publishing appeared first on Music Ally. Source: Music ally
The top 10 musicians collectively earned $2.3bn in 2021
Longtime music earnings analyst Zack O’Malley Greenburg has just published his annual ‘music money list’ across Rolling Stone and his own newsletter. The post The top 10 musicians collectively earned $2.3bn in 2021 appeared first on Music Ally. Source: Music ally