Hipgnosis’ Blackstone fund set to acquire 29 catalogs from Hipgnosis’ UK-listed fund

UK-listed Hipgnosis Songs Fund (HSF) has today (September 14) issued its shareholders a proposal to sell 29 catalogs from its portfolio for USD $440 million to another Hipgnosis fund – the private, Blackstone-backed Hipgnosis Songs Capital (HSC). In an announcement to its investors this morning, Hipgnosis Songs Fund makes no bones about one of its primary motivations for selling the 29 catalogs to HSC: That it will act “as a catalyst for a re-rating of [HSF’s] share price”.

Source: Hipgnosis’ Blackstone fund set to spend $440m buying 29 catalogs from Hipgnosis’ UK-listed fund; competitors have 40 days to try and outbid its offer.

RightsTech Extra

Can Regulation Deep Six Deepfakes?

By Paul Sweeting

The National Institute of Standards and Technology (NIST), a basic science and research arm of the Commerce Department best known, if at all, for tackling knotty challenges like accurately centering quantum dots in photonic chips and developing standard reference materials for measuring the contents of human poop used in medical research and treatments, last week took up the problem of identifying AI generated and manipulated audio, video, images and text. Tasked by President Biden’s Executive Order on AI with helping to improve the safety, security and trustworthiness of AI systems, NIST has issued a GenAI Challenge inviting teams of researchers from academia, industry and other research labs to participate in a series of challenges intended to evaluate systems and methods of identifying synthetic content... Read More >>

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