Latin music generated $1.4 billion in US recorded music revenues last year - up 16% YoY
Related Articles
-
Hipgnosis Drama Continues: Blackstone Bids $1.5 Billion for Troubled Music Fund, Topping Concord
The already-complicated battle over control of Hipgnosis Songs Fund grew even more so on Saturday, as the private equity firm Blackstone bid $1.5 billion to the troubled fund — which includes the rights to catalogs by Neil Young, Shakira, Blondie, Journey, Lindsey Buckingham and others — pushing aside Concord’s $1.4 offer made earlier in the week. Blackstone already owns
-
The music catalogs of Shakira, Neil Young, and others just sold to a Nashville-based company for $1.4 billion
Nashville-based independent music company Concord has agreed to buy Britain’s Hipgnosis Songs Fund for $1.4 billion, the companies said on Thursday, to gain rights to the catalogues of artists including Shakira and Neil Young. Hipgnosis, a music rights investment company founded by industry veteran and former CEO Merck Mercuriadis, launched a strategic review last year after a shareholder revolt led to a board overhaul, a portfolio revaluation, and a dispute with its investment adviser over a...
-
Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.