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Hipgnosis Portfolio (29 catalogues)

closed

Mixed catalogue bundle

VariousVariousMusic 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
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