Hipgnosis Says Its Monster Bets Are Already Paying Off

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”

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