Hipgnosis owns the rights to songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers.
Investors are demanding a change of tune at Hipgnosis Songs Fund Ltd., the London-listed investment vehicle that owns the rights to tens of thousands of songs written by artists such as Shakira, Lindsey Buckingham and the Red Hot Chili Peppers.
Hipgnosis was founded by Merck Mercuriadis , a former pop-star manager who has called catalog copyrights recession-proof, and better than investing in oil or gold.
Hit songs can yield decades of payments for their owners, as they are streamed, played on the radio, performed live or featured in advertisements.