Hipgnosis Songs Fund has completed a 20,000-song selloff, but the involved price tag represents a steep discount to the works’ valuation. In an announcement to the market on Monday (December 11), HSF said that “these non-core songs, which are a subset of those identified as the Second Disposal as set out in September, were bundled with the iconic Songs acquired by the Company in 2020 as part of Kobalt Fund One“.
Source: Hipgnosis Completes 20,000-Song Selloff — At a Steep Discount