The company, which pays considerable sums for song rights in the hope that the tracks’ revenue will prove profitable in the long run, said its licensing and publishing earnings surpassed $9,000,000 between 2018 and early 2019. Hipgnosis execs also claim that their portfolio’s collective value has increased by more than $10,000,000 over the same period.
Source: Hipgnosis Says Its Monster Bets Are Already Paying Off: “There’s More Evidence to Back Our Thesis”