Well, OK. 26 Feb 2021 PRESS RELEASES ... Neil Young Catalogue Acquisition . Spotify is granting Neil Young ’s wish and removing the singer-songwriter’s music from the platform, the company revealed Wednesday (Jan. 26). In each Neil Young recording, there are two separate music rights: the right to the recording and the right to the underlying composition embodied on that recording. Pegi Young, who co-founded the Bridge School with her former husband of 36 years Neil Young, has died after a yearlong battle with cancer. February 19, 2022 | finance.yahoo.com. In the video at the top of this article, Saagar Enjeti, host of "Saagar's Breaking Points," takes a deep dive into the hedge funds behind the campaign by Neil Young and other artists to cancel Rogan and hurt Spotify's bottom-line. Focused on songs and associated musical intellectual property rights, it was founded on the premise that hit songs are long-term predictable assets unaffected by economic cycles that will increase in … On January 6, 2021, Neil Young sold half of his catalogue to Merck Mercuriadis’ Hipgnosis Song Management company. ... Spotify Joe Rogan Feud. Neil Young expressed his gratitude to Hipgnosis, the firm that partially owns his music catalog, for their support in pulling his music from Spotify. Neil Young has been busy both debunking and correcting, as his big beef with Spotify continues. Spotify is the market leader, holding 30% share according to industry analysts. The deal was reported to be worth as much as $150m (£111m, €132.6m) – though this is not confirmed by Hipgnosis. Hipgnosis Songs Fund is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018. Hipgnosis, the £1.4bn music royalties fund, could lose around $7.5m or 6% of annual revenues if Neil Young’s withdrawal from Spotify becomes permanent, according to broker Stifel. A A. Hipgnosis Songs Fund Ltd. bought 50% of the rights to folk and rock songwriter Neil Young’s discography, marking the latest in a bonanza of music rights acquisitions after artists, cut off from touring income by the coronavirus pandemic, look to raise cash. The very fact that Neil Young pulled some cancel culture crap should have raised bright red flags for everyone. Investors are raising questions about music royalty trusts that have been firm favourites as a diversifier, as the Neil Young row with Spotify throws into question the control and valuation of music rights. ( John Ransom , Headline USA) Despite widespread reporting that Neil Young has abandoned Spotify over its refusal to censor views that the old Canadian rocker doesn’t agree with, some of Young’s song catalogue remains on the music and podcast platform. Neil Young's music is being removed from Spotify after the rock star called for the streaming platform to choose between him and podcaster Joe Rogan. The other music royalty trust, Round Hill Music Royalty, may also be affected by the ruling, according to Numis. Huh? Spotify removed Neil Young’s music yesterday (Jan.26) after the singer called out the streaming service for allowing covid-19 disinformation to … Well, OK. Spotify has sided with Joe Rogan following an ultimatum from Neil Young. Joe Rogan had someone on his show who muttered something about vaccines. Neil Young is a part of that as well, having sold half the financial share of his back catalog to Hipgnosis Songs Fund for an estimated $150 million. "With great sadness, we … Neil Young attends a press conference for Farm Aid 34 at Alpine Valley Music Theatre on September 21, 2019, in East Troy, Wisconsin. On January 6, 2021, Neil Young sold half of his catalogue to Merck Mercuriadis’ Hipgnosis Song Management company. It is speculated the deal was worth as … So, Neil Young demanded either Joe Rogan goes off Spotify or he would. … >> Neil Young to Spotify: Get rid of Joe Rogan’s podcast or I pull my music ... Hipgnosis Songs, which bought a 50% stake in Young’s publishing rights in 2021, Rolling Stone reported. Since his entire catalog has been pulled off Spotify, Neil Young has been at the center of the anti-Joe Rogan campaign, but there is still an unanswered question: Does Neil Young control his catalog? The company’s shares came under pressure after the great Spotify/Neil Young stand-off in February. Spotify removes Neil Young music in feud over Joe Rogan’s false Covid claims. The company’s shares came under pressure after the great Spotify/Neil Young stand-off in February. Dalton Mac Namee. Neil Young is a Canadian singer-songwriter and musician who has a net worth of $200 million. What is known is that as Neil Young’s music is delisted from Spotify, both Blackstone and Hipgnosis are losing out on royalties of 7 million monthly listeners of a catalog the UK firm just paid a billion dollars for. More intriguing is that Hipgnosis is ok with this. It appears Neil Young is intimately tied to Blackstone and Pfizer pharma. Well, OK. On one side, Spotify’s future revenue spreadsheet is a red ocean of low margin music streaming (red ocean is a reference from the book Blue Ocean Strategy). 152. Later that year Hipgnosis merged with Blackstone in a USD$1Bn deal. So, Neil Young demanded either Joe Rogan goes off Spotify or he would. In a news ... Cain, Sian. The broader story has two angles: Spotify’s Future & Neil Young’s Past ANGLE #1: Spotify’s Future . 27 Comments. In pulling his music from Spotify in protest at Joe Rogan’s Covid misinformation, the singer continues a life of political action – but unlike others, he doesn’t need to please the streaming giant Among the most ornery, uncompromising and capricious of the blue chip legends … Neil Young. Photograph: Mario Anzuoni/Reuters (Click photo to enlarge) In a Neil Young Archives post "MY LETTER TO YOU: Folks, Clearing up some things", Neil admits that he was "misinformed too!". Board of ScotGems trust put forward liquidation proposals. As previously reported , Young’s music is being pulled from the streaming service at his own request due to the Spotify-exclusive podcast The Joe Rogan Experience and its track record of spreading COVID … Now, we can see where it stems from. Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. When the contrary ancient hippie singer/songwriter Neil Young took a principled stand against music streaming site Spotify, he probably did not realise he was stirring up trouble for Hipgnosis Songs Fund Limited (LSE:SONG). If he did realise, he probably would not give a toss because that’s the sort of person he is by all accounts. On one side, Spotify’s future revenue spreadsheet is a red ocean of low margin music streaming (red ocean is a reference from the book Blue Ocean Strategy). Even U.S. Apparently, the source of the misinformation was The Guardian, which "made a rare mistake" in their article stating: "Menace to public health: 270 doctors criticize Spotify over Joe Rogan's podcast".The … A little over a year ago Young sold 50% of his publishing to Hipgnosis Songs Fund, a UK-based investment fund, in a deal worth a reported $150 million. ... Now Hipgnosis is a $1 billion company that recently announced an ownership agreement with Blackstone. Other artists whose songs are owned by Hipgnosis are pulling their music from Spotify. The very fact that Neil Young pulled some cancel culture crap should have raised bright red flags for everyone. For a man who famously says he’ll never going to retire, Neil … Spotify to Remove Neil Young’s Music Following Ultimatum: ‘We Regret Neil’s Decision’. Spotify Takes Down Neil Young’s Music After His Joe Rogan Ultimatum. By Friday, Spotify lost $4 billion in market value, The San Francisco Chronicle datebook reported. The decision by the singer Neil Young to remove his material from Spotify has sparked a sell-off at the music royalties trust Hipgnosis Songs, but it is possible that the weakness has created a buying opportunity. In the since-deleted letter, Young explained he wants his music gone sin . Hipgnosis is sitting on a 13.9% discount, according to Morningstar data. #FollowTheSILENCED #FollowTheMoney. In a shocking stand for freedom of speech, Spotify called Neil Young’s bluff. Scientists call out Spotify for misinformation on Joe Rogan's podcast 02:40. “It appears some of Neil Young’s music has quietly stayed at … Spotify removed Neil Young’s music yesterday (Jan.26) after the singer called out the streaming service for allowing covid-19 disinformation to … Joe Rogan had someone on his show who muttered something about vaccines. Neil Young sells half the rights to entire song catalog to Hipgnosis Songs Fund. Yet, few are looking deeper. But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young … ... By that time, Higpnosis owned 50% of Neil Young. So, Neil Young demanded either Joe Rogan goes off Spotify or he would. Neil Young has released several statements which state that he will lose 60 per cent of his income, following his removal from the streaming service Spotify. Rogan’s podcast, The Joe Rogan Experience, is housed exclusively on Spotify and generates an estimated 11 million listeners per episode.Young’s music is estimated to attract about 6 million listeners per month. Young could — he sold rights to more than 1,000 of his own songs to the Hipgnosis Songs Fund for $150mn last year, so removing the recordings will … … Hipgnosis acquired 50% of the worldwide copyright and income from Neil Young’s back catalogue in January of last year, and it has been estimated that Young would lose around 10% of his annual revenues as a result of boycotting Spotify. The decision was that Mr. Young got the door in the bootie. Spotify will remove Neil Young’s music from its platform, per his request, following his objections to Joe Rogan’s statements about the … She was 66. Learn your history, bros. Or be manipulated as fuck. Spotify's shares were down by 12% the week after Neil Young requested his music be removed from the platform over … But the singer sold 50 percent of his catalogue to U.K. investment fund Hipgnosis Songs last ... Krank mocked Young for having less of a following on Spotify than Joe Rogan. At the time of the Young-Spotify spat, investors were worried that Young’s decision to leave the music streaming … Spotify will remove Neil Young’s music from its platform, per his request, following his objections to Joe Rogan’s statements about the … January 26, 2022. And so, off he flounced. Spotify has begun to remove Neil Young ’s music following the rocker’s protest of dissemination of Covid-19 misinformation on the streamer’s Joe Rogan ’s podcast. Thank you for reading. Exclusive: Lyric Capital targets $500M with new music royalty fund. #FollowTheSILENCED #FollowTheMoney. Update, Friday January 28 at 7:10 p.m.: Joe Rogan isn’t the only reason Neil Young “felt better” about no longer having his music on Spotify. But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young catalogue. 0. “The original impetus for Neil Young’s demand was a letter he posted on social media saying Spotify could either have Neil Young or Joe Rogan, but that letter was almost immediately deleted after it was posted,” Enjeti said. The Hipgnosis Songs Fund has started the year with a flurry of acquisitions, including a big one that involves taking a 50% stake in the entire global songs catalogue of Neil Young. Joe Rogan had someone on his show who muttered something about vaccines. Young accused the Spotify platform of “spreading fake information about vaccines – potentially … 53. Neil Young's music sold to Hipgnosis Songs Fund, which is owned by BlackStone Group, which has hired former Pfizer Chairman & CEO Jeffrey Kindler as an adviser. Some to many are following that course of action and so on. Singer-songwriter Neil Young has asked employees of Spotify Technology SA (SPOT.N) to quit their jobs while urging people to withdraw their money from big American banks, in protests over coronavirus misinformation and climate change. If you are seeing any Neil Young albums on Spotify, please pass along the names of them, and we will investigate. Hipgnosis Songs Fund, now a constituent of the FTSE 250, bought 50% of Neil Young’s back catalogue, including income and copyright a year ago. He allegedly believes in "fighting the man" but sold his rights to a firm backed by BlackRock. ... Spotify would have had to get involved in a public way. Read more. Spotify is the market leader, holding 30% share according to industry analysts. Late Monday, Canadian singer and songwriter Neil Young posted an open letter to his personal website, demanding that music streamer Spotify remove his music from its service. The decision was that Mr. Young got the door in the bootie. OutKick’s Anthony Farris recently discussed Spotify’s decision:. Spotify's shares were down by 12% the week after Neil Young requested his music be removed from the platform over COVID-19 vaccine misinformation, according to data from Nasdaq. Earlier this month, Young sold 50% of his songwriting copyrights to the U.K. investment company Hipgnosis Songs, which was founded by … Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. Hipgnosis Songs’ income hit by Neil Young’s heart of gold. By Jamie Colvin 31 Jan, 2022. Later that year Hipgnosis merged with Blackstone in a USD$1Bn deal. Yet, few are looking deeper. Last year, Hipgnosis Songs Fund Ltd. announced it had acquired a 50-per-cent stake in Young’s songwriting catalog. Get the latest Hipgnosis Songs Fund (LON:SONG) stock forecast, price target, dividend info, and news headlines at MarketBeat. He sold half of his rights to a huge corporation. Most of his music was pulled by Wednesday. This was not an easy business decision, Young noted, explaining that Spotify represents 60% of his streaming revenue, meaning Warner Records/Reprise and Hipgnosis — which purchased 50% of Young’s song catalog in January 2021 — would take a significant financial hit with the decision. Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties. Young, a prolific solo artist with a recording career stretching back to 1968 who was also a member of the supergroup Crosby, Stills, Nash & Young, was recently vexed by claims made about Covid-19 vaccines on a podcast hosted by Joe Rogan on Spotify. Hipgnosis Songs ( SONG ), the £1.4bn music royalties fund, could lose around $7.5m (£5.5m) of annual revenue if Neil Young’s withdrawal from Spotify becomes permanent, according to broker Stifel. (In … -. Surgeon General Vivek Murthy has called on Spotify to ban Rogan's show. Spotify removes Neil Young's music after he objects to Joe Rogan's podcast. If Young wonders whether his silly, embarrassing demand has resonated with people, … In a shocking stand for freedom of speech, Spotify called Neil Young’s bluff. On January 24, the world famous performer Neil Young asked for his tracks to be taken off the streaming service Spotify, due to his view that a … Learn your history, bros. Or be manipulated as fuck. While the Hipgnosis Song Fund has said that it would not license Young's songs for commercial use, it does seem that the group might have a say on whether those tunes remain available via Spotify. In a new letter posted to his website, Neil Young has debunked a conspiracy theory that Pfizer had ownership over his music publishing. With the recent controversy between Neil Young, Spotify and Joe Rogan just beginning to simmer down, many are questioning what could have propelled the aging musician to be willing to dump about 20% of his revenue. Thank you for reading. Photo Credit: Per Ole Hagen / CC by 2.0. OK, so we all know that Neil Young doesn't like Joe Rogan, that Young's music comes off Spotify. Since his entire catalog has been pulled off Spotify, Neil Young has been at the center of the anti-Joe Rogan campaign, but there is still an unanswered question: Does Neil Young control his catalog? Aside from the obvious answer - Neil Young fans with Spotify accounts – this defiant act also affects Neil Young's music publisher, Hipgnosis. Now we’ve the Spotify and Neil Young row. But this then calls into question that ownership by Hipgnosis of 50% of the Neil Young catalogue. First, it appears to be true that, in January 2021, Young sold half of his songs to Hipgnosis. … ... Journey’s ‘Don’t Stop Believin’’ reaches one billion Spotify streams . Neil Young and Joe Rogan / AP Photo. However, Lovett-Turner said he expects a similar scenario of the trust's NAV being largely unaffected. Neil Young also sells out Rock star Neil Young soon followed in Dylan's footsteps, selling the publishing rights to 50% of his catalog to investment fund Hipgnosis. The broader story has two angles: Spotify’s Future & Neil Young’s Past ANGLE #1: Spotify’s Future . MailOnline has contacted Hipgnosis Songs, Spotify, Joe Rogan and Neil Young for comment. ... Questor: Hipgnosis hits the right note despite getting caught in the Neil Young-Spotify crossfire. On Monday, Neil Young demanded Spotify pull his music over COVID-19 misinformation. Now, we can see where it stems from. Dylan Smith. Neil Young. Young called this “losing 60% of my world wide streaming … Young, who last year sold 50% of his worldwide rights to Hipgnosis for a reported $150m, last week pulled his entire … Merck Mercuriadis -led Hipgnosis has today (January 6) announced that it has acquired 50% of the worldwide copyright and income interests in Neil Young’s entire song catalog, comprising 1,180 compositions. While Hipgnosis will lose its portion of the streaming royalties from Spotify, publishers do not control the actual sound recordings as a rule. Why is some of Young’s music still on Spotify? A few Young songs remain on the platform on various compilations and soundtracks that weren’t released through Warner Music. And so, off he flounced. The decision was that Mr. Young got the door in the bootie. 22. While the Hipgnosis Song Fund has said that it would not license Young's songs for commercial use, it does seem that the group might have a say on whether those tunes remain available via Spotify. Blackstone to Take Stake in Hipgnosis, Commits $1B to Music Investment Partnership. Neil Young in Calabasas, Calif., on May 18, 2016, and Joe Rogan in Seattle on Dec. 7, 2012 (AP Photo) ... sold his music catalogue to publisher Hipgnosis last year for $150 million. January 27, 2022.