The final decision on CRB III (see below) on streaming revenues is positive for Songwriters, Music publishing and Hipgnosis (SONG). The decision will result in addition revenues being paid to SONG over the coming periods. We view the ruling as positive and evidence of a continuing shift in the understanding of the value of a Songwriter’s contribution to a hit record and the willingness of industry stakeholders to recognise it. YTD SONG has de-rated significantly and currently trades on a 23.8% d ....
04 Jul 2022
Copyright Royalty Board III Decision
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Copyright Royalty Board III Decision
Hipgnosis Songs Fund Limited Shs GBP (SONG:LON) | 70.5 -0.1 (-0.1%) | Mkt Cap: 852.5m
- Published:
04 Jul 2022 -
Author:
Charles Murphy -
Pages:
3
The final decision on CRB III (see below) on streaming revenues is positive for Songwriters, Music publishing and Hipgnosis (SONG). The decision will result in addition revenues being paid to SONG over the coming periods. We view the ruling as positive and evidence of a continuing shift in the understanding of the value of a Songwriter’s contribution to a hit record and the willingness of industry stakeholders to recognise it. YTD SONG has de-rated significantly and currently trades on a 23.8% d ....