Taylor Swift made history on the Billboard charts this week and she’s the first person to occupy the top 14 slots of the Hot 100 singles chart.
18.04.2024 - 13:15 / variety.com
Jem Aswad Executive Editor, Music The troubled Hipgnosis Songs Fund, whose former CEO Merck Mercuriadis drove up the value of music catalogs with more than $3 billion in acquisitions before overspending and problematic management caused the company to lose more than half of its value, has agreed to a $1.4 billion sales to Nashville-based Concord, the companies announced in the early hours of Thursday. The catalogs involved include assets by Neil Young, the Red Hot Chili Peppers, Shakira and others.
The news was first reported by Music Business Worldwide. The sales takes place after months of upheaval at Hipgnosis, which had launched a strategic review last year after a revolt by shareholders over a planned catalog sell-off and other business plans.
Hipgnosis’ investors will get $1.16 per share in cash, representing a premium of about 32% to Wednesday’s closing price, according to Reuters. The company’s shares, which listed in London in 2018 and have fallen more than 45% from their peak three years ago, rose 31% to $1.15.
It is possible that Hipgnosis’ investment adviser HSM, which is backed by Blackstone, could exercise a call option under an agreement that gives it the right to purchase the fund’s portfolio if and when its agreement is terminated. The deal is the latest acquisition for the rapidly growing Concord, which acquired Round Hill Royalty Fund last year.
Hipgnosis chair Robert Naylor said of the deal: “The Board is pleased to announce and unanimously recommend this US$1.4 billion Offer for Hipgnosis from Concord. The acquisition represents an attractive opportunity for our shareholders to immediately realise their holding at a premium, mitigating the risks we see ahead to achieving a material improvement in
.Taylor Swift made history on the Billboard charts this week and she’s the first person to occupy the top 14 slots of the Hot 100 singles chart.
Chris Willman Senior Music Writer and Chief Music Critic When Taylor Swift has just introduced 31 brand new songs to the world, as she did in April with the deluxe double-album that is “The Tortured Poets Department: The Anthology,” it may be a fool’s errand to immediately assess where where all that fresh grist fits into the overall scope of her catalog. Foolish, and also irresistible.
Steven J. Horowitz Senior Music Writer Taylor Swift has broken yet another record with her new album “The Tortured Poets Department,” as she becomes the first artist to claim the top 14 songs on the Billboard Hot 100. Swift breaks her previous record for most songs to claim the top spots on the chart, which she achieved with 10 tracks from 2022’s “Midnights” that dominated the tally.
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Shakira, Ed Sheeran, Red Hot Chili Peppers, Neil Young and more. The offer put forward by Concord was $1.25 per share (£1).Blackstone has already acquired the rights to songs by Justin Bieber and Justin Timberlake, and this current deal will see more than 65,000 more tracks added to its catalogue.As highlighted by Reuters, Blackstone has also invested in U.S.
Travis Kelce might be Taylor Swift‘s new muse — but her newest album was focused more on her exes!
Well, this is interesting.
Donna Kelce has The Tortured Poets Department on replay!
Katy Perry has hinted that she’ll be returning with a brand-new single soon.Speaking at an American Idol event in Los Angeles this week, Perry revealed that she has written “one of [her] biggest songs that has yet to come out” with the help of Congolese-Canadian singer Lu Kala.“But it’s coming out,” she added, before telling Lu Kala: “Don’t say anything!”Sharing the video on Instagram, Lu Kala wrote: “I was not expecting any of this, wow. Thank you @katyperry for letting me be the tiniest part of what you have coming.
Taylor Swift fans have figured out the exact dates that she recorded some of her songs from The Tortured Poets Department.
Jem Aswad Executive Editor, Music 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 two other elements of Hipgnosis — the investment fund Hipgnosis Songs Capital and the advisor Hipgnosis Song Management — and the move reflects founder Merck Mercuriadis’ determination to retain control of the company.
Taylor Swift‘s fans are always pouring over her lyrics for clues about her personal life, and things are no different with the release of her newest album, “The Tortured Poets Department.” Before her world-famous relationship with Travis Kelce that was debuted this year, Swift had a long-term romance with British actor Joe Alwyn, and then a relatively short rebound with Matty Healy, frontman of the 1975. Most of the material was written and recorded before Swift and Kelce became an item, so he isn’t a key player in the album, although he makes a key late entry, assuming no one else drove her to use football metaphors for the first time.
after releasing her highly anticipated album, “The Tortured Poets Department,” Taylor Swift announced a big surprise: It’s a double album. “I’d written so much tortured poetry in the past 2 years and wanted to share it all with you, so here’s the second installment of TTPD: The Anthology. 15 extra songs,” Swift posted on Instagram at 2 a.m.
Taylor Swift had a huge surprise for fans at 2am on April 19, just two hours after releasing her new album The Tortured Poets Department.
Taylor Swift is very familiar with claiming the top spot on the charts!
Taylor Swift and Joe Alwyn‘s relationship is in the news again ahead of the release of the singer’s new album The Tortured Poets Department.
Travis Kelce knows which tracks from Taylor Swift‘s new album he wants to add to his playlist!
Laufey has today (April 16) released a new short film for her song ‘Goddess’, which has been directed by Past Lives director Celine Song – watch it below.The video stars Laufey alongside William G. Hardy (from Netflix’s Heartstopper), and was shot in Brooklyn, New York on 35mm film.Speaking about the video, Laufey said: “It was so special to work with Celine on the ‘Goddess’ short film.
As one of music’s most popular artists, Taylor Swift has amassed an enormous number of Spotify streams!
Spotify is reportedly planning on introducing a feature to allow users to slow down, speed up and remix songs on the platform.The developments have been detailed in a new report by the Wall Street Journal, who say that the streaming service is looking to experiment with tools that will allow users to manipulate existing songs on the platform.The report suggests that users will be able to edit and mash together tracks to create modified versions of songs that can them be added to “virtual collections” on Spotify, but which will then not be available to share on external platforms.The Wall Street Journal suggests that “discussions about the tools are early and licensing agreements have yet to be worked out,” but that they hope the additions will “appeal to young users, while generating new revenue for artists.”At the start of this month, the streaming platform officially demonetised all songs with less than 1000 streams, having first announced the policy last year in the ‘Modernising Our Royalty System’ report.According to Spotify data, there are around 100 million songs on the service, yet only around 37.5 million meet the new requirements to generate revenue.Spotify said that 99.5 per cent of all streams on the platform “are of tracks that have above 1,000 streams.” They went on to claim that demonetising the tracks won’t result in a “change to the size of the music royalty pool being paid out to rights holders”.It argued that instead it will “use the tens of millions of dollars annually to increase the payments to all eligible tracks, rather than spreading it out into $0.03 payments.”Spotify also went on to say it requires a minimum number of unique listeners now if royalties are to apply – a measure brought in to