Report: Hipgnosis Songs Fund Agrees To $1.4 Billion Takeover By Concord

[MetalAges]

Variety is reporting that 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...

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