Hipgnosis Songs Fund is now worth $1.7bn; on course to generate $120m-plus this year

According to Hipgnosis’ six-monthly report, the company spent a total of approximately £1.18bn on 117 catalogs between the point of its 2018 IPO and the end of September this year. The report confirms: “Since launch we have now acquired 117 Catalogues, comprising over 57,836 Songs, for an aggregate consideration of £1.18 billion, representing a blended acquisition multiple of 14.76x historic annual income.”

Source: Hipgnosis Songs Fund is now worth $1.7bn… and is on course to generate $120m-plus this year

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