Shakira sells musical catalog to company Hipgnosis Songs Fund

The recipient of the current Colombian repertoire (which is integrated on 145 themes) is now Hipgnosis Songs Fund, a British song management and investment company in the intellectual property of music.

Shakira has summed up the recent relationship of first-line composers he has decided to sell in his song catalog, a list that in recent weeks has also included the numbers of Bob Dylan, Neil Young or Lindsay Buckingham, former Fleetwood Mac. (You may be interested: Shakira, de nuevo in Barranquilla)

In the case of Colombia, the recipient of its current repertoire (which is integrated over 145 themes) has a Hipgnosis Songs Fund, which is a British company of song management and inversion in intellectual property the cofundada music in 2018 by Nile Rodgers and Merck Mercuriadis, who at the moment is directing the career of figures like Beyoncé or Elton John.

“I’m honored to write songs that give me the privilege of communicating with the demas, of being part of something bigger than you. Hipgnosis will be a big hit for my catalog and I’m very happy to associate with this company run by Merck, which really values ​​the artists and their creations and is an ally for the composers (…) who are deeply concerned about the continuous continuation of its songs ”, Shakira commented in a communication. (Le recomendamos: Shakira lanza “Girl like me” is a Black Eyed Peas)

Although no figures have been provided for the amount of the operation, the company has confirmed through social media the incorporation of Shakira into its catalog, of which Dave Stewart (Eurythmics), Debbie Harry (Blondie), Chryssie Hynde (Pretenders) , The Chainsmokers or Mark Ronson.

In the last few days, the company has also raised 50 per cent with rights over Neil Yong’s repertoire, 1,180 songs for around $ 50 million, according to an industry source on the Variety magazine. (Además: Photos: Shakira and her lujosas mansiones in distantas ciudades del mundo)

The operation is produced in parallel with the permission to incorporate the assimilation rights of author and publication of Lindsay Buckingham, one of 160 songs, which includes some of the excerpts written by Fleetwood Mac, such as Go your own way.

The flow of these movements has been remarkably increased in recent weeks by composers of all styles, as was the patent granted to Bob Dylan in December for selling his rights to 600 songs by the Universal Music Publishing group by one thousand 250 euro.

In the last hours or so that the movement was repeated, the leader of OneRepublic, Ryan Tedder, was known above all for being the author or co-author of some of the major mayors of the last years, such as Halo y XO for Beyonce, It is claimed by Adele o Piston of Jonas Brothers.

https://www.youtube.com/watch?v=CnAmeh0-EU

According to some experts, the mayor has the number of operations of this type registered in the last weeks that tend to be, by a drawer, with the paranoia of the gears from a year ago due to the covid-19 pandemic (one of its main points de ingresos) y, by otro, con la llegada a la Casa Blanca del democrat Joe Biden y el posible aumento de los impuestos que gravan elcretho de capital.

On the other hand, the Mayor is interested in the funds to invest in this camp, which is with the predominant panel that he started to play the “streaming” platforms, in which he only monetizes the news, we also know what he is da en llamar canciones de repertoire, especialmente los grandes écitos, ahora con una vida más larga o renovada.

The Wall Street Journal, the musical catalogs are being revalued this year to the point that a repertoire that can pay 41,000 euros could be valued at millions currently, and an amplitude of 4 to 40 million.

The proprietary Hipgnosis Songs confirms these arguments in its welcome greeting to Shakira: . It’s marvelous for us to enjoy the realm of Latin music and much more ”.

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