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Creative Industries

Hipgnosis Songs Fund shareholder AVI plans to vote against catalogues sale as the company withdraws an interim dividend

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Asset Value Investors (AVI), a shareholder of Hipgnosis Songs Fund (HSF), the London-listed music company, has announced its plan to vote against the proposed selling of 29 of HSF's music catalogues to a group backed by private equity firm Blackstone, in a deal valued at $465 million.

In a letter to shareholders, AVI said the deal was "truly dreadful" for shareholders, and of "uncompetitive nature" in particular because it lacked an "up-to-date valuation." AVI, which owns some 5% of the comp...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Motion Picture Association taps Marissa Bostick as SVP/Head of Global Litigation

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The Motion Picture Association (MPA) has appointed criminal law expert Marissa Bostick as its new Senior Vice President and Head of Global Litigation. Based in Washington, DC, she reports to Karyn Temple, Senior Executive Vice President and Global General Counsel for the MPA.

Before joining the MPA, Bostick was Deputy Director for the Counterfeit Crimes Unit at Amazon. She was also a former Assistant United States Attorney in the Criminal Division of the US Attorney’s Office, Southern Distr...

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Creative Industries

Songwriters of North America will honour Willie “Prophet” Stiggers, Andrea Martin, Thomas Scherer, RAYE and Ross Golan

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Songwriters of North America (SONA) will be honouring civil rights activist Willie "Prophet" Stiggers, the late songwriter Andrea Martin, BMG executive Thomas Scherer, British singer-songwriter RAYE and songwriter and artists' advocate Ross Golan at the organisation's fourth annual SONA Warrior Awards gala on October 6 at the Skirball Center in Los Angeles, CA.

The SONA Warrior Awards celebrate music and the people who create it. “We created the Warrior Award to honor and thank those starli...

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Creative Industries

Rimas Publishing renews global agreement with producer duo Súbelo NEO

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Independent music publisher Rimas Publishing has renewed its global publishing deal with producer duo Súbelo NEO, composed of Freddy Montalvo (Freddy) and Jose Carlos Cruz (Phantom), extending their long-standing relationship that began seven years ago.

Rimas Publishing said the new agreement reflects the company’s focus on modernisation, as it is "optimising older contracts to better align with the evolving needs of its clients, prioritising the empowerment and satisfaction of music creato...

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