Economy - Finance > Rights
Neil Young becomes latest artist to sell stake in his songs
1 month ago | By Chron
NEW YORK - Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 percent stake in his music to a British investment company in a deal announced on Wednesday.
The Hipgnosis Songs Fund said it had acquired half of the copyright and income interests in some 1,180 songs written by the 75-year-old rock star, composer of “Heart of Gold,” “Rockin' in the Free World” and “Cinnamon Girl.”
Terms were not disclosed.
The deal comes a month after Bob Dylan sold publishing rights to more than 600 songs to the Universal Music Publishing Group for a reported...
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