53. Now, we can see where it stems from. However, Lovett-Turner said he expects a similar scenario of the trust's NAV being largely unaffected. At the time of the Young-Spotify spat, investors were worried that Young’s decision to leave the music streaming … Rogan’s podcast, The Joe Rogan Experience, is housed exclusively on Spotify and generates an estimated 11 million listeners per episode.Young’s music is estimated to attract about 6 million listeners per month. When the contrary ancient hippie singer/songwriter Neil Young took a principled stand against music streaming site Spotify, he probably did not realise he was stirring up trouble for Hipgnosis Songs Fund Limited (LSE:SONG). If he did realise, he probably would not give a toss because that’s the sort of person he is by all accounts. What is known is that as Neil Young’s music is delisted from Spotify, both Blackstone and Hipgnosis are losing out on royalties of 7 million monthly listeners of a catalog the UK firm just paid a billion dollars for. More intriguing is that Hipgnosis is ok with this. The company’s shares came under pressure after the great Spotify/Neil Young stand-off in February. But the singer sold 50 percent of his catalogue to U.K. investment fund Hipgnosis Songs last ... Krank mocked Young for having less of a following on Spotify than Joe Rogan. In a new letter posted to his website, Neil Young has debunked a conspiracy theory that Pfizer had ownership over his music publishing. Spotify will remove Neil Young’s music from its platform, per his request, following his objections to Joe Rogan’s statements about the … “The original impetus for Neil Young’s demand was a letter he posted on social media saying Spotify could either have Neil Young or Joe Rogan, but that letter was almost immediately deleted after it was posted,” Enjeti said. As previously reported , Young’s music is being pulled from the streaming service at his own request due to the Spotify-exclusive podcast The Joe Rogan Experience and its track record of spreading COVID … 22. Surgeon General Vivek Murthy has called on Spotify to ban Rogan's show. Spotify Takes Down Neil Young’s Music After His Joe Rogan Ultimatum. But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young catalogue. In pulling his music from Spotify in protest at Joe Rogan’s Covid misinformation, the singer continues a life of political action – but unlike others, he doesn’t need to please the streaming giant Among the most ornery, uncompromising and capricious of the blue chip legends … Neil Young. Photograph: Mario Anzuoni/Reuters Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. Since his entire catalog has been pulled off Spotify, Neil Young has been at the center of the anti-Joe Rogan campaign, but there is still an unanswered question: Does Neil Young control his catalog? Neil Young also sells out Rock star Neil Young soon followed in Dylan's footsteps, selling the publishing rights to 50% of his catalog to investment fund Hipgnosis. Now we’ve the Spotify and Neil Young row. Even U.S. Later that year Hipgnosis merged with Blackstone in a USD$1Bn deal. Pegi Young, who co-founded the Bridge School with her former husband of 36 years Neil Young, has died after a yearlong battle with cancer. Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties. OutKick’s Anthony Farris recently discussed Spotify’s decision:. The deal was reported to be worth as much as $150m (£111m, €132.6m) – though this is not confirmed by Hipgnosis. January 26, 2022. Merck Mercuriadis -led Hipgnosis has today (January 6) announced that it has acquired 50% of the worldwide copyright and income interests in Neil Young’s entire song catalog, comprising 1,180 compositions. ... By that time, Higpnosis owned 50% of Neil Young. Young, who last year sold 50% of his worldwide rights to Hipgnosis for a reported $150m, last week pulled his entire … Spotify has begun to remove Neil Young ’s music following the rocker’s protest of dissemination of Covid-19 misinformation on the streamer’s Joe Rogan ’s podcast. January 27, 2022. Hipgnosis Songs ( SONG ), the £1.4bn music royalties fund, could lose around $7.5m (£5.5m) of annual revenue if Neil Young’s withdrawal from Spotify becomes permanent, according to broker Stifel. Now, we can see where it stems from. So, Neil Young demanded either Joe Rogan goes off Spotify or he would. Joe Rogan had someone on his show who muttered something about vaccines. Young could — he sold rights to more than 1,000 of his own songs to the Hipgnosis Songs Fund for $150mn last year, so removing the recordings will … The decision was that Mr. Young got the door in the bootie. … ... Journey’s ‘Don’t Stop Believin’’ reaches one billion Spotify streams . Young called this “losing 60% of my world wide streaming … Learn your history, bros. Or be manipulated as fuck. For a man who famously says he’ll never going to retire, Neil … But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young … In the video at the top of this article, Saagar Enjeti, host of "Saagar's Breaking Points," takes a deep dive into the hedge funds behind the campaign by Neil Young and other artists to cancel Rogan and hurt Spotify's bottom-line. Well, OK. #FollowTheSILENCED #FollowTheMoney. Since his entire catalog has been pulled off Spotify, Neil Young has been at the center of the anti-Joe Rogan campaign, but there is still an unanswered question: Does Neil Young control his catalog? Neil Young is a Canadian singer-songwriter and musician who has a net worth of $200 million. "With great sadness, we … So, Neil Young demanded either Joe Rogan goes off Spotify or he would. This was not an easy business decision, Young noted, explaining that Spotify represents 60% of his streaming revenue, meaning Warner Records/Reprise and Hipgnosis — which purchased 50% of Young’s song catalog in January 2021 — would take a significant financial hit with the decision. Neil Young sells half the rights to entire song catalog to Hipgnosis Songs Fund. Spotify removes Neil Young's music after he objects to Joe Rogan's podcast. On January 6, 2021, Neil Young sold half of his catalogue to Merck Mercuriadis’ Hipgnosis Song Management company. But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young catalogue. Neil Young is a part of that as well, having sold half the financial share of his back catalog to Hipgnosis Songs Fund for an estimated $150 million. Huh? Board of ScotGems trust put forward liquidation proposals. Neil Young in Calabasas, Calif., on May 18, 2016, and Joe Rogan in Seattle on Dec. 7, 2012 (AP Photo) ... sold his music catalogue to publisher Hipgnosis last year for $150 million. Hipgnosis Songs Fund is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018. Most of his music was pulled by Wednesday. Neil Young and Joe Rogan / AP Photo. Spotify is granting Neil Young ’s wish and removing the singer-songwriter’s music from the platform, the company revealed Wednesday (Jan. 26). Yet, few are looking deeper. Well, OK. Update, Friday January 28 at 7:10 p.m.: Joe Rogan isn’t the only reason Neil Young “felt better” about no longer having his music on Spotify. Young, a prolific solo artist with a recording career stretching back to 1968 who was also a member of the supergroup Crosby, Stills, Nash & Young, was recently vexed by claims made about Covid-19 vaccines on a podcast hosted by Joe Rogan on Spotify. Get the latest Hipgnosis Songs Fund (LON:SONG) stock forecast, price target, dividend info, and news headlines at MarketBeat. Late Monday, Canadian singer and songwriter Neil Young posted an open letter to his personal website, demanding that music streamer Spotify remove his music from its service. In the since-deleted letter, Young explained he wants his music gone sin . Thank you for reading. A little over a year ago Young sold 50% of his publishing to Hipgnosis Songs Fund, a UK-based investment fund, in a deal worth a reported $150 million. Neil Young. MailOnline has contacted Hipgnosis Songs, Spotify, Joe Rogan and Neil Young for comment. If Young wonders whether his silly, embarrassing demand has resonated with people, … Exclusive: Lyric Capital targets $500M with new music royalty fund. 152. The company’s shares came under pressure after the great Spotify/Neil Young stand-off in February. Spotify removed Neil Young’s music yesterday (Jan.26) after the singer called out the streaming service for allowing covid-19 disinformation to … He sold half of his rights to a huge corporation. The decision was that Mr. Young got the door in the bootie. ( John Ransom , Headline USA) Despite widespread reporting that Neil Young has abandoned Spotify over its refusal to censor views that the old Canadian rocker doesn’t agree with, some of Young’s song catalogue remains on the music and podcast platform. Aside from the obvious answer - Neil Young fans with Spotify accounts – this defiant act also affects Neil Young's music publisher, Hipgnosis. A A. Hipgnosis Songs Fund Ltd. bought 50% of the rights to folk and rock songwriter Neil Young’s discography, marking the latest in a bonanza of music rights acquisitions after artists, cut off from touring income by the coronavirus pandemic, look to raise cash. (Click photo to enlarge) In a Neil Young Archives post "MY LETTER TO YOU: Folks, Clearing up some things", Neil admits that he was "misinformed too!". Spotify's shares were down by 12% the week after Neil Young requested his music be removed from the platform over … Singer-songwriter Neil Young has asked employees of Spotify Technology SA (SPOT.N) to quit their jobs while urging people to withdraw their money from big American banks, in protests over coronavirus misinformation and climate change. It is speculated the deal was worth as … Hipgnosis Songs’ income hit by Neil Young’s heart of gold. Spotify is the market leader, holding 30% share according to industry analysts. -. The broader story has two angles: Spotify’s Future & Neil Young’s Past ANGLE #1: Spotify’s Future . Neil Young has been busy both debunking and correcting, as his big beef with Spotify continues. On January 6, 2021, Neil Young sold half of his catalogue to Merck Mercuriadis’ Hipgnosis Song Management company. Thank you for reading. First, it appears to be true that, in January 2021, Young sold half of his songs to Hipgnosis. By Jamie Colvin 31 Jan, 2022. ... Spotify Joe Rogan Feud. Spotify to Remove Neil Young’s Music Following Ultimatum: ‘We Regret Neil’s Decision’. Yet, few are looking deeper. Joe Rogan had someone on his show who muttered something about vaccines. It appears Neil Young is intimately tied to Blackstone and Pfizer pharma. Spotify removed Neil Young’s music yesterday (Jan.26) after the singer called out the streaming service for allowing covid-19 disinformation to … In a news ... Cain, Sian. On January 24, the world famous performer Neil Young asked for his tracks to be taken off the streaming service Spotify, due to his view that a … Hipgnosis is sitting on a 13.9% discount, according to Morningstar data. While Hipgnosis will lose its portion of the streaming royalties from Spotify, publishers do not control the actual sound recordings as a rule. Why is some of Young’s music still on Spotify? A few Young songs remain on the platform on various compilations and soundtracks that weren’t released through Warner Music. Later that year Hipgnosis merged with Blackstone in a USD$1Bn deal. Hipgnosis, the £1.4bn music royalties fund, could lose around $7.5m or 6% of annual revenues if Neil Young’s withdrawal from Spotify becomes permanent, according to broker Stifel. Spotify will remove Neil Young’s music from its platform, per his request, following his objections to Joe Rogan’s statements about the … The decision by the singer Neil Young to remove his material from Spotify has sparked a sell-off at the music royalties trust Hipgnosis Songs, but it is possible that the weakness has created a buying opportunity. Investors are raising questions about music royalty trusts that have been firm favourites as a diversifier, as the Neil Young row with Spotify throws into question the control and valuation of music rights. Neil Young's music sold to Hipgnosis Songs Fund, which is owned by BlackStone Group, which has hired former Pfizer Chairman & CEO Jeffrey Kindler as an adviser. With the recent controversy between Neil Young, Spotify and Joe Rogan just beginning to simmer down, many are questioning what could have propelled the aging musician to be willing to dump about 20% of his revenue. Spotify is the market leader, holding 30% share according to industry analysts. … On Monday, Neil Young demanded Spotify pull his music over COVID-19 misinformation. Neil Young's music is being removed from Spotify after the rock star called for the streaming platform to choose between him and podcaster Joe Rogan. Learn your history, bros. Or be manipulated as fuck. The broader story has two angles: Spotify’s Future & Neil Young’s Past ANGLE #1: Spotify’s Future . “It appears some of Neil Young’s music has quietly stayed at … Well, OK. So, Neil Young demanded either Joe Rogan goes off Spotify or he would. And so, off he flounced. The decision was that Mr. Young got the door in the bootie. Neil Young expressed his gratitude to Hipgnosis, the firm that partially owns his music catalog, for their support in pulling his music from Spotify. Spotify removes Neil Young music in feud over Joe Rogan’s false Covid claims. Hipgnosis acquired 50% of the worldwide copyright and income from Neil Young’s back catalogue in January of last year, and it has been estimated that Young would lose around 10% of his annual revenues as a result of boycotting Spotify. On one side, Spotify’s future revenue spreadsheet is a red ocean of low margin music streaming (red ocean is a reference from the book Blue Ocean Strategy). The Hipgnosis Songs Fund has started the year with a flurry of acquisitions, including a big one that involves taking a 50% stake in the entire global songs catalogue of Neil Young. The very fact that Neil Young pulled some cancel culture crap should have raised bright red flags for everyone. >> Neil Young to Spotify: Get rid of Joe Rogan’s podcast or I pull my music ... Hipgnosis Songs, which bought a 50% stake in Young’s publishing rights in 2021, Rolling Stone reported. She was 66. While the Hipgnosis Song Fund has said that it would not license Young's songs for commercial use, it does seem that the group might have a say on whether those tunes remain available via Spotify. While the Hipgnosis Song Fund has said that it would not license Young's songs for commercial use, it does seem that the group might have a say on whether those tunes remain available via Spotify. Hipgnosis Songs Fund, now a constituent of the FTSE 250, bought 50% of Neil Young’s back catalogue, including income and copyright a year ago. OK, so we all know that Neil Young doesn't like Joe Rogan, that Young's music comes off Spotify. Some to many are following that course of action and so on. Dylan Smith. 0. Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. (In … Joe Rogan had someone on his show who muttered something about vaccines. The very fact that Neil Young pulled some cancel culture crap should have raised bright red flags for everyone. ... Now Hipgnosis is a $1 billion company that recently announced an ownership agreement with Blackstone. Young accused the Spotify platform of “spreading fake information about vaccines – potentially … In a shocking stand for freedom of speech, Spotify called Neil Young’s bluff. By Friday, Spotify lost $4 billion in market value, The San Francisco Chronicle datebook reported. Photo Credit: Per Ole Hagen / CC by 2.0. Neil Young has released several statements which state that he will lose 60 per cent of his income, following his removal from the streaming service Spotify. In each Neil Young recording, there are two separate music rights: the right to the recording and the right to the underlying composition embodied on that recording. The other music royalty trust, Round Hill Music Royalty, may also be affected by the ruling, according to Numis. February 19, 2022 | finance.yahoo.com. ... Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. He allegedly believes in "fighting the man" but sold his rights to a firm backed by BlackRock. And so, off he flounced. ... Spotify would have had to get involved in a public way. Earlier this month, Young sold 50% of his songwriting copyrights to the U.K. investment company Hipgnosis Songs, which was founded by …

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