"This is our biggest fundraise to date, and the biggest fundraise by a LSE listed investment trust since the COVID-19 lockdown, which speaks volumes for the financial community’s recognition of Songs as an asset class."
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company. At what point does a country become defined as a ‘mature’ music … Continued
Hipgnosis Songs Fund went close to a billion-dollar valuation earlier today (July 6), as its share price reached an all-time high. The rally in the UK company’s share price, on the London Stock Exchange, followed two bits of big news from the firm last week: (i) The announcement that it’s looking to raise £200m ($249m) … Continued
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“This money will help safeguard the sector for future generations, ensuring arts groups and venues across the UK can stay afloat and support their staff whilst their doors remain closed and curtains remain down.”