Hipgnosis Portfolio (29 catalogues)
closedMixed catalogue bundle
Various•Various•Music Business Worldwide
Deal Value
$440M
Multiple
14x
Overview
Concord has acquired a portfolio of 29 catalogues from Hipgnosis Songs Fund as part of the fund's restructuring efforts. The acquisition includes catalogues across multiple genres and eras.
Key Highlights
- Part of Hipgnosis fund restructuring
- 29 separate catalogues included
- Diverse genre and era mix
- Lower multiple reflects portfolio nature
Comparable Deals
Various (Kobalt)
$1.1B15x2021
Transaction
Buyer
Concord
Seller
Hipgnosis Songs Fund
Announced
Jan 2024
Closed
January 8, 2024
Streaming
Monthly Streams
680M
Growth
+3.2% YoY
Top Markets
USUKGermanyFranceBrazil
Catalogue
3,200
Songs
0
Albums
85
Hits
Top Songs
- 1. Various hits from 29 catalogues