Numlock News: April 19, 2024 • Antarctica, Counterfeits, Eisbock
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By Walt Hickey Have a great weekend! Hipgnosis Over the past several years plenty of artists have cashed out by selling their catalogs to the Hipgnosis Songs Fund, including Journey, Justin Bieber, Neil Young and Justin Timberlake. The company has been slightly troubled, as an independent advisor’s report found that management had “materially overstated the fund’s revenue,” leading to the board cutting the value of the portfolio by more than a quarter. Amid the difficulties, Hipgnosis has agreed to a
Numlock News: April 19, 2024 • Antarctica, Counterfeits, Eisbock
Numlock News: April 19, 2024 • Antarctica…
Numlock News: April 19, 2024 • Antarctica, Counterfeits, Eisbock
By Walt Hickey Have a great weekend! Hipgnosis Over the past several years plenty of artists have cashed out by selling their catalogs to the Hipgnosis Songs Fund, including Journey, Justin Bieber, Neil Young and Justin Timberlake. The company has been slightly troubled, as an independent advisor’s report found that management had “materially overstated the fund’s revenue,” leading to the board cutting the value of the portfolio by more than a quarter. Amid the difficulties, Hipgnosis has agreed to a