What’s a tune worth? Not as much as previously anticipated for Hipgnosis Songs Fund, the Guernsey-registered company that launched in 2018 on the promise of the song as an unbeatable financial asset.
“Sustainable earnings, uncorrelated to global capital markets, with sources of income from across the spectrum of music consumption,” promises the company on its website.
In the past six years, Hipgnosis has bought part or all of