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Music Stocks Adjust to a Slower Tempo

by Edinburg Post Report
October 29, 2023
in Latest • Trending
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Oct. 29, 2023 10:00 am ET

The music industry is humming along nicely. That won’t make the hangover from rock-bottom interest rates any easier for some music stocks.

Shareholders at Hipgnosis, a London-listed song catalog fund that owns rights to tracks by Shakira, the Red Hot Chili Peppers and others, voted against giving the fund another five-year mandate at the company’s annual general meeting on Thursday.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tags: artsArts/Entertainmententertainmentgeneral newsHeard on the StreetHipgnosisHipgnosis Songs FundmediaMedia/EntertainmentMusicmusic recordingMusic/Sound PublishingpoliticalPolitical/General NewspublishingSONG.LNsoundsound publishingSound/Music Recording/PublishingSYNDUK:SONGWSJ-PRO-WSJ.comwsjfinancewsjfinance-markets
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