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LA REID Sells Entire Music Catalog to Hipgnosis.
LA_reid the Mega producer, songwriter, and music executive is the latest artist to sell off their music catalogs and future royalties to the newly created music IP investment and song management company, Hipgnosis Songs Fund. Reid is reported to have sold 100 percent of his publishing rights and writer’s income on his entire 162 song catalogue for an undisclosed amount. It is not Known exactly why he sold his back catalogue, but we’re hoping it was worth it and for a great price. Hipgnosis Songs Fund , a British company founded by founder/CEO Merck Mercuriadis along with Nile Rodgers in...
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