Acquisition of Music Catalogue
The Board of Hipgnosis Songs Fund Limited, the first UK listed investment company offering investors a pure-play exposure to songs and associated intellectual property rights, and its Investment Adviser, The Family (Music) Limited, are pleased to announce that the Company has acquired a catalogue from one of the world s best-selling music artists, Queen of Latin Music, Shakira.
Since releasing her first album in 1991, recorded at the incredible age of 13, Shakira has sold over 80 million records, making her the bestselling female Latin artist of all time. She has been awarded a remarkable 3 Grammy Awards, 12 Latin Grammy Awards, 4 MTV Video Music Awards, 7 Billboard Music Awards, 39 Billboard Latin Music Awards and 6 Guinness World Records. With over 32 million listeners, Shakira is the most-streamed female Latin artist on Spotify and her songs have been streamed billions of times. She is also one of only three female artists to have two videos exceed
( www.hipgnosissongs.com ) Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey registered investment company established to offer investors a pure-play exposure to songs and associated musical intellectual property rights. The Company has raised a total of over £1.05 billion (gross equity capital) through its Initial Public Offering on 11 July 2018, and subsequent issues in April 2019, August 2019, October 2019, July 2020 and September 2020. In September 2019, Hipgnosis transferred its entire issued share capital to the Premium listing segment of the Official List of the FCA and to the London Stock Exchange s Premium segment of the Main Market, and in March 2020 became a constituent of the FTSE 250 Index.
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