Neil Young in Oslo, Norway, 2009 (photo by Ole Hagen)
By Ian Courtney, Celebrity Access | Lindsey Buckingham, the former lead guitarist and vocalist of the legendary rock band Fleetwood Mac, has agreed to sell his catalogue to Merck Mercuriadis’ Hipgnosis Songs Fund Limited.
The deal includes 100% of Buckingham’s publishing rights, including his Publishing and Writer’s Share, of his entire catalogue which includes 161 songs, as well as a 50% share of any unreleased compositions.
Included in the catalog is Buckingham’s 1973 debut album with former bandmate Stevie Nicks, as well as seminal Fleetwood Mac albums such as Rumours, Tusk, and Say You Will.
The deal also includes Buckingham’s five solo albums ‘Out of the Cradle’, ‘Under the Skin’, ‘Gift of Screws’ and ‘Seeds We Sow’ which includes material from the soundtracks of ‘National Lampoon Vacation’ and ‘Back To The Future.’
Buckingham’s decision to sell his publishing rights comes just a month after Stevie Nicks struck a similar agreement to sell an 80% stake in her catalog to Primary Wave Music Publishing.
“Prior to arriving at an agreement with Hipgnosis, I had wonderful long conversations with Merck Mercuriadis. I was pleased to find a kindred spirit, someone who’s a big fan of my work in Fleetwood Mac, and an even bigger fan of my solo efforts. I look forward to working with Merck and the whole Hipgnosis team going into the future, and am confident that my body of work will be curated with great heart and insight,” said Lindsey Buckingham.
“Lindsey Buckingham is one of the greatest guitarists, songwriters and producers of all time yet is still so underrated. > > > > > > > > >
Read the rest of the story here:
https://celebrityaccess.com/2021/01/05/lindsey-buckingham-sells-his-music-publishing-rights-to-hipgnosis/
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Neil Young Becomes Latest Artist to Sell Stake in His Songs
By David Bauder, AP News | Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 percent stake in his music to a British investment company in a deal announced on Wednesday.
The Hipgnosis Songs Fund said it had acquired half of the copyright and income interests in some 1,180 songs written by the 75-year-old rock star, composer of “Heart of Gold,” “Rockin’ in the Free World” and “Cinnamon Girl.”
Terms were not disclosed.
The deal comes a month after Bob Dylan sold publishing rights to more than 600 songs to the Universal Music Publishing Group for a reported fortune of between $300 million and a half billion dollars. Stevie Nicks sold an 80 percent stake in her music to Primary Wave for a reported $100 million.
Merck Mercuriadis, founder of Hipgnosis Songs Fund Limited, said that he bought his first Neil Young album when he was seven years old.
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Read the rest of the story here:
https://apnews.com/article/neil-young-sell-song-stakes-1de5eb03ab3c4cb2a2e7f8fbb2083be5
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