Music Catalogs Are Selling For Serious Cash (Rolling Stone)
Activity in the music industry this past week suggests that acquisition multiples are about to spiral even higher — as Wall Street’s biggest names wrestle to own music assets as well.
Hipgnosis Urged To Shed More Light On Financial Disclosures (Investment Week)
Yet again, Hipgnosis provided investors with no financial details of the purchase, with Numis analyst Priyesh Parmar once more noting the lack of financial disclosure regarding recent portfolio acquisitions, making it difficult to make a detailed financial assessment of the fund.
On this week’s Popcast, a interrogation of the current bull market in song publishing, and an assessment of its long-term viability.