Hipgnosis Songs Fund Raises a Cool $185 MM in an Oversubscribed Round

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Of course, those are monster tracks — which means they also have monster price tags.  But Hipgnosis is betting that the long-term annuities will easily beat the upfront costs (and so do Hipgnosis’ investors). So far is just shy of $450m, giving Mercuriadis lots of new funds to acquire rights.  The latest funding was raised via a sale of shares to a small number of private investors.  The sale was worth… Read More »Hipgnosis Songs Fund Raises a Cool $185 MM in an Oversubscribed Round

1 in 3 Apple Music Subscribers Share Their Passwords

  • themeca 
Cord cutters have championed the subscription streaming model, but password sharing is rampant among subscribers. Apple Music is the subscription music service most likely to be shared.By the end of 2018, there are an estimated 33 million “cord cutting” adults in the United States. That’s a 33% increase over 2017, which proves subscription streaming is the future of media delivery. Subscription services and their reliable income streams are increasingly popular… Read More »1 in 3 Apple Music Subscribers Share Their Passwords