Merck Mercuriadis Revives Hipgnosis with New Investment and Strategic Expansion
Merck Mercuriadis, founder of Hipgnosis Songs Fund, is launching a new investment company with hundreds of millions of dollars, focusing on acquiring artist management companies and music catalogs to give artists and their representatives ownership stakes and control over their earnings. The new venture aims to buy back Mercuriadis' previous music catalog and build a portfolio of management companies with superstar artists, continuing his focus on artist-centric music investments.