Hipgnosis Songs Fund Limited (HPGSF)
| Previous close | 1.7100 |
| Open | 1.7300 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 1.7150 - 1.7300 |
| 52-week range | 1.3800 - 2.0000 |
| Volume | 753 |
| Avg. volume | 10,371 |
| Market cap | N/A |
| Beta (5Y monthly) | 0.21 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance UK
Owner of a Lonely Heart and Bad Boys II theme sold in music catalogue deal
The catalogue from Yes guitarist Trevor Rabin includes 3,528 scores and songs. Round Hill Music Royalty Fund has acquired it.
- Yahoo Finance UK
UK ministers call for music streaming reform as artists 'lose out'
Ministers are urging for a 'complete reset' of the market to stop poor returns, or artists being frozen out of payments altogether.
- Reuters
Hipgnosis forecasts higher streaming earnings after strong year
The company, which earns royalties every time a song it owns is streamed, said annual pretax profit rose 7% to $44.5 million and net asset value jumped 11.3% to $1.68 per share. "Going forward this accelerated streaming will be enhanced as revenues from TikTok, Peloton, Triller, Roblox, and other rapidly emerging digital platforms start to be paid through," Chief Executive Officer Merck Mercuriadis said. Hipgnosis raised its annual dividend target by 5% to 5.25 pence per a share and said its portfolio of 138 catalogues worth about $2 billion saw a 10.4% jump in like-for-like valuation during the year ended March.
