Hipgnosis Songs Fund Limited (SONG.L)
| Previous close | 122.40 |
| Open | 122.40 |
| Bid | 121.80 x 0 |
| Ask | 122.20 x 0 |
| Day's range | 121.80 - 122.60 |
| 52-week range | 96.07 - 127.86 |
| Volume | 1,003,298 |
| Avg. volume | 2,640,174 |
| Market cap | 1.307B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 27.68 |
| EPS (TTM) | N/A |
| Earnings date | 28 Jun 2021 - 02 Jul 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Fool.co.uk
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ReutersHipgnosis Songs Fund raises over $100 million on online music streaming boom
The London-listed firm, which invests in songs and musical intellectual property rights, said it sold roughly 62 million shares at 121 pence per share. Hipgnosis said that the year was off to its "strongest start ever" following a slew of agreements with big names including Shakira and Neil Young. The pandemic has prompted many music industry professionals to monetise their older work by selling valuable tracks and albums, as people confined to their homes stream more content to make up for cancelled live events.
- The Guardian
Metallica and Michael Bublé producer cashes in on music streaming rights boom
Metallica and Michael Bublé producer cashes in on music streaming rights boomHipgnosis buys rights to Bob Rock’s Metallica album and Canadian artist’s songs for undisclosed sum
