Hipgnosis Songs snaps up Big Deal Music Group in blockbuster publishing deal
has acquired Big Deal Music Group and brought board its senior staff, with Kenny MacPherson becoming CEO of Hipgnosis Songs Group and reporting directly to founder and CEO Merck Mercuriadis. He is joined by Co-Presidents Casey Robison and Jamie Cerreta and Executive Vice President Dave Ayers as well as Senior Vice President Pete Robinson all of whom have signed new five-year contracts, according to the announcement. Terms of the deal were not disclosed.
Big Deal’s portfolio of copyright interests in hit songs includes Shawn Mendes’ “Stitches” and “Treat You Better,” One Direction’s “Story of My Life,” Panic at the Disco’s “High Hopes,” Niall Horan’s “Slow Hands” and Thomas Rhett’s “Die a Happy Man.” Its writers include Teddy Geiger, Julian Bunetta, John Ryan, Joe London, Kamasi Washington, Sharon Van Etten, Sylvan Esso, Jake Sinclair, Dan Wilson, St Vincent and My Morning Jacket. Its catalog includes more than 4,400 songs.
Hipgnosis Songs recently released its annual report, which showed its revenues soaring in its first full year of business, climbing to $81 million in the 12 month period ended in March 2020 from around $8.9 million in the preceding period.
MacPherson, said, “Collectively my partners and I have spent our careers identifying and nurturing some of the most iconic songwriters in contemporary music and creating value for our investors. Over the last eight years at Big Deal Music my partners and I built a meaningful cultural legacy by assembling an incredible group of artists and label partners and world class songwriters.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hipgnosis Songs Names Ted Cockle and Amy Thomson to Senior PostsHipgnosis Songs founder Merck Mercuriadis named Ted Cockle president and Amy Thomson as chief catalogue officer of the company. Cockle was most recently president of Virgin EMI in the U.K., which u…
Read more »
Ted Cockle, Amy Thomson Join Hipgnosis SongsThree months after announcing his departure from the U.K. label, Cockle is today (Aug. 8) unveiled as president of Hipgnosis Songs.
Read more »
Maluma Nabs Second No. 1 on Hot Latin Songs Chart With 'Hawai'Maluma secures his second No. 1 on the Hot Latin Songs chart (dated Sept. 12) -- and his first as a lead act -- as “Hawai” jumps 2-1. Get the details.
Read more »
Songs of the Summer 2020: Staff PicksDaBaby and Roddy Ricch&39;s &39;Rockstar&39; may have been named Billboard&39;s Song of the Summer 2020, but here are the songs that staff played on repeat. Listen!
Read more »
Saweetie’s ‘Tap In’ Hits Top 10 on Hot R&B/Hip-Hop Songs ChartThe rapper&39;s new single gets a boost from a Post Malone, DaBaby and Jack Harlow remix and becomes her second track to hit the chart&39;s top tier.
Read more »
The 100 Greatest Boy Band Songs of All Time: Critics' PicksOur list spans nearly the entire Hot 100 era, and recognizes the absolute tops in innocent male harmonies and synchronized dance moves.
Read more »