What do Blackstone’s billions mean for Merck Mercuriadis’ mission for songwriters?

Blackstone – one of the world’s largest alternative investment houses – is pumping a billion dollars into a new private fund, Hipgnosis Songs Capital. In addition, Blackstone is investing an undisclosed amount into Mercuriadis’ Hipgnosis Song Management, the investment adviser that ultimately chooses how to deploy the money in Hipgnosis Songs Fund… and now, in Hipgnosis Songs Capital, too.

Source: What do Blackstone’s billions mean for Merck Mercuriadis’ mission for songwriters?

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