Hipgnosis Songs Fund’s like-for-like net revenues rose 10.9% in FY 2023

Hipgnosis Songs Fund (HSF), the UK-listed entity that owns stakes in over 65,000 songs, saw double-digit growth in its latest fiscal year – in what the firm calls its strongest FY performance since its IPO five years ago. HSF today (July 13) published its financial figures for FY 2023 (to end of March 2023), revealing that its like-for-like net revenues grew 10.9% YoY in the period.

Source: Hipgnosis Songs Fund’s like-for-like net revenues rose 10.9% in FY 2023, streaming revenues up 14.8% last year