Hipgnosis Songs Fund Ltd (LSE:SONG)
£ 1.01 0.006 (0.6%) Market Cap: 1.22 Bil Enterprise Value: 1.68 Bil PE Ratio: 0 PB Ratio: 1.14 GF Score: 35/100

Full Year 2023 Hipgnosis Songs Fund Ltd Earnings Call Transcript

Jul 13, 2023 / 09:00AM GMT
Release Date Price: £0.74 (-1.99%)
Merck Mercuriadis
Hipgnosis Songs Fund Limited - Founder & CEO

Good morning and thank you for joining us. Hopefully, a few of you were able to get on a little bit early and be reminded of some of our great songs. And I hope you're all having a great summer. I'm Merck Mercuriadis, the Founder of Hipgnosis Songs Fund and the CEO of Hipgnosis Song Management, its investment adviser.

It's five years since Hipgnosis Songs Fund was launched on the London Stock Exchange, almost to the day. Our objective at launch was to create a company which provided investors with exposure to songs and associated intellectual property rights, thereby establishing songs as an asset class.

We believe then, and have demonstrated since, that music royalties provide long-term stable income streams. Equally importantly, when the company was launched, we believe that those long-term income streams were at an inflection point and would increase significantly as a result of the strong growth expected in paid for music streaming and that we would add value by replacing the traditional music publishing model with

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot