Hipgnosis Raises Another $295 Million — Bringing the Grand Total to Nearly $800 Million

Merck Mercuriadis’ gargantuan bet on music IP continues. Hot on the heels of an enormous acquisition of Timbaland’s catalog, Hipgnosis Songs is hitting you with another big announcement.  The music IP aggregation play has now rallied another $295 million (£231 million), specifically through an expanded offering of shares. The raise brings Hipgnosis‘ funding tranche to […]

The post Hipgnosis Raises Another $295 Million — Bringing the Grand Total to Nearly $800 Million appeared first on Digital Music News.

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