![]() The London-listed Hipgnosis Songs Fund, which gives investors the chance to make money from royalties generated by songs by artists from Beyoncé to Blondie, has spent £1.2bn buying 117 catalogues to date. “Nor is it a secret that Bob is one of the very greatest practitioners of that art.”Īrtists and songwriters receive a royalty every time a song is played on the radio, streamed or used in public places such as department stores, as well as income from sales of albums, singles and licensing music for use in TV adverts and films.Ĭashing in on catalogues is a booming business. “It’s no secret that that the art of songwriting is the fundamental key to all great music,” said Sir Lucian Grainge, the chief executive of Universal Music. Bob Dylan, ‘one of the very greatest practitioners of the art of songwriting’, on stage in 2010.
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