Hipgnosis Songs has acquired the music royalty catalog of songwriter-producer No I.D. (Ernest “Dion” Wilson), finest recognized for his work with Jay-Z, Kanye West, Rihanna, Usher, Frequent Drake, Alica Keys, Ed Sheeran, Huge Sean and Frequent, the corporate introduced early Thursday. Hipgnosis has acquired 100% of the artist’s worldwide copyrights and publishing royalties, together with author’s share of earnings within the catalog, which contains 273 songs.
That catalog consists of such hits as “Run This City” by Jay-Z that includes Kanye West and Rihanna, “Holy Grail” by Jay-Z that includes Justin Timberlake, Jay-Z’s “The Story of O.J.,” Drake’s “Discover Your Love,” West’s “Black Skinhead,” “Certain 2,” “Darkish Fantasy,” “Attractive,” “So Appalled” and “Heartless,” and Sheeran’s “Kiss Me.”
Hipgnosis Songs Founder Merck Mercuriadis mentioned: “The phrases NO I.D. are a stamp of excellence on any album. From Kanye West’s ‘808s & Heartbreak’, ‘My Lovely Darkish Twisted Fantasy’ and ‘Yeezus’ to Jay-Z’s astonishing run from ‘American Gangster’ via ‘The Blueprint 3’, ‘Magna Carta Holy Grail’ and ‘4:44’, Dion has been within the center of the whole lot that’s nice about Hip Hop for greater than 20 years. He’s a particular creator and everybody within the Hipgnosis Household is proud to have him standing subsequent to us.”
No I.D. mentioned:“Not many have the very best intentions for the artist and the creators. Merck and the Hipgnosis staff have proven that they’re a secure house for the songs that rating our lives.”
Hipgnosis Songs not too long ago launched its annual report, which confirmed its revenues hovering in its first full 12 months of enterprise, climbing to $81 million within the 12 month interval led to March 2020 from round $8.9 million within the previous interval. The agency, which has been on an unprecedented acquisition binge of hit songwriter and producer catalogs — been shopping for up catalogs by hitmakers starting from Timbaland and Eurythmics’ Dave Stewart to Jack Antonoff and Jeff Bhasker — started buying and selling on the London Inventory Change in July of 2018. Between March 2019 and March 2020, the corporate spent almost $700 million to amass 42 catalogs.
Within the report, Mercuriadis notes, “When put next with the three main music firms, we’ve got achieved between 7% and 12.5% of their income on between 0.5% and 0.9% of their quantity of songs.” It is a outcome of the group’s extremely selective investments, which he summarizes within the report thus: “All of our songs have a confirmed observe document and we don’t speculate on new songs regardless of the previous efficiency of the songwriter, producer or artist. These confirmed hit Songs produce dependable, predictable and uncorrelated money flows that are extremely investible.”