Tuesday, June 18, 2019

Hipgnosis Buys Songwriter Sam Hollander’s Catalog

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Hipgnosis has acquired the 499-song catalog of hit songwriter Sam Hollander.

Most recently, Hollander co-wrote the Billboard Hot 100 Top 5 hit, Panic! At the Disco’s “High Hopes,” which has also spent 32 weeks at No. 1 on the Hot Rock Songs chart. The song has sold nearly 5 million copies and has been streamed 1 million times, according to Hipgnosis.

Among Hollander’s other hits are “Say Amen (Saturday Night),’” “Look Ma” and “Emperor’s New Clothes” by Panic! At The Disco, “HandClap” by Fitz & The Tantrums, “Rock Me” by One Direction, “Cupid’s Chokehold” by Gym Class Heroes and “Marry Me” by Train.

“Sam Hollander has a hot hand. His numerous collaborations with Panic! At The Disco have been ruling the airwaves for almost five years now and setting new standards of success,” said Merck Mercuriadis, founder of Hipgnosis, in a statement. “From Panic! to One Direction and Fitz and The Tantrums he always helps to deliver the crossover hit that every band wants and needs.”

Hollander added, “When I began the process of selling my catalogue to Hipgnosis, it felt like I was joining the 1927 Yankees. The legends Merck, Nile [Rodgers], my old friend [and] hero, and their incredible team have a forward thinking game plan that is both bold and exciting.”

Hipgnosis has been on a spending spree since Mercuriadis formed Hipgnosis Songs Fund Ltd., in 2017,  eventually raising more than $300 million, and making its first purchase, a stake in the 300-plus song catalog of producer/songwriter The-Dream.

The company began trading on the London Stock Exchange last July. In 2019, it raised another $185 million.  There have been nearly  acquisitions in all, the most recent of which are the catalogs of Dave Stewart (Eurythmics), Ari Levine (one-third of The Smeezingtons), Al Jackson Jr. (“Let’s Stay Together,” “Green Onions”), and, earlier this week, the catalog of country producer Michael Knox. 

Source: Billboard




Barry White
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