Hipgnosis completes $23.1m sale of song portfolio, appoints new financial advisers
In a significant development, Hipgnosis Songs Fund Limited has successfully completed the sale of approximately 20,000 songs for a gross consideration of $23.1 million. This sale, announced on September 14, 2023, constitutes roughly 1% of the company’s investment portfolio by value. These songs, identified as part of the Second Disposal in September, were initially acquired […]