TIDMSONG
Hipgnosis Songs Fund Limited
14 December 2020
14 December 2020
Hipgnosis Songs Fund Limited ("Hipgnosis" or the "Company")
Mariah Carey's 'All I Want For Christmas Is You' reaches UK
Number 1
The Board of Hipgnosis Songs Fund Limited, the first UK listed
investment company offering investors a pure-play exposure to songs
and associated intellectual property rights, and its Investment
Adviser, The Family (Music) Limited, are delighted to announce that
Mariah Carey's 'All I Want For Christmas Is You' is Number 1 on the
UK Official Singles Chart Top 100 for the first time in its 26 year
history. In achieving this incredible milestone, 'All I want For
Christmas Is You' was streamed over 10.8 million times over the
last seven days, making it the most streamed song in a week in
2020.
Hipgnosis acquired 'All I Want For Christmas is You' on 30
September 2020 as part of the catalogue of Walter Afanasieff, who
co-wrote and co-produced the hit Song with Mariah Carey. Since its
release in 1994, the song has sold over 16 million copies worldwide
making it not only the most successful Christmas song, but also one
of the bestselling singles of all time.
Merck Mercuriadis, Founder of Hipgnosis Songs Fund Limited and
The Family (Music) Limited, said:
"Without the song there would be no music business and 'All I
Want For Christmas Is You' is not just a beloved Christmas Carol
it's a magnificent song. We are proud to be custodians of the
wonderful work of Walter Afanasieff and delighted to see it go to
Number 1 for the first time in its history in the year of our
acquisition. Staying with the Christmas spirit, Hipgnosis Songs
alongside the London Stock Exchange, Open Exchange and SSE, has
sponsored the Nordoff Robbins Christmas Carol Service for 2020 in
order that it may go ahead. Our Advisory Board member Nile Rodgers
will host 'The Stars Come Out To Sing At Christmas: A Virtual
Christmas Concert With Songs, Carols And Festive Greetings' which
will stream online via the London Stock Exchange website and Open
Exchange on the 15th of December with free admission. Nile will be
joined by CHIC and an incredible cast for this Christmas
extravaganza including Sir Rod Stewart, Tony Bennett, Robbie
Williams, Neil Young, Sir Cliff Richard, Florence Welch, Roger
Daltrey and Paul Weller, Katherine Jenkins, Robert Plant, Simple
Minds, The Script, Rebecca Ferguson, One Republic, Kaiser Chiefs,
Manic Street Preachers and many more. Nordoff Robbins do important
work using music therapy to treat young and old with life limiting
illness, isolation or disability so we are delighted to help in
what has been a difficult year for so many. This is our way of
throwing a virtual Christmas party for our investors and friends in
the City and from Nile to Sir Rod Stewart, Florence Welch, Neil
Young, Tony Bennett, Robbie Williams and many more, I'm confident
this will leave you and your families with the Christmas spirit
well in advance of the big day. Merry Christmas everybody."
Nordoff Robbins will be streamed globally on Tuesday 15(th)
December at 7pm GMT
Watch online at https://carols.nordoff-robbins.org.uk/
http://www.rns-pdf.londonstockexchange.com/rns/5242I_1-2020-12-14.pdf
For further information, please contact:
The Family (Music) Limited Tel: +44 (0)1481 742742
Merck Mercuriadis
N+1 Singer - Joint Corporate Broker Tel: +44 (0)20 7496
James Maxwell / James Moat (Corporate 3000
Finance)
Alan Geeves / James Waterlow / Sam Greatrex
(Sales)
J.P. Morgan Cazenove - Joint Corporate Tel: +44 (0)20 7742
Broker 4000
William Simmonds / Jérémie
Birnbaum (Corporate Finance)
James Bouverat (Sales)
RBC Capital Markets - Joint Corporate Tel: +44 (0)20 7635
Broker 4000
Will Smith / Elliot Thomas / Lauren
Davies (Corporate Finance)
Lisa Tugwell (Sales)
Ocorian - Company Secretary & Administrator Tel: +44 (0) 1481
Julian Carey 742742
The Outside Organisation Tel: +44 (0)7711 081
Alan Edwards / Nick Caley 843
FTI Consulting Tel: +44 (0)7771 978220;
Neil Doyle/ Paul Harris/ Laura Ewart +44 (0)7809 411882;
+44 (0)7761 332646
All US music publicity enquiries
Fran Defeo +1 917 767 5255
NOTES TO EDITORS
About Hipgnosis Songs Fund Limited
( www.hipgnosissongs.com )
Hipgnosis, which was founded by Merck Mercuriadis, is a Guernsey
registered investment company established to offer investors a
pure-play exposure to songs and associated musical intellectual
property rights. The Company has raised a total of over GBP1.05
billion (gross equity capital) through its Initial Public Offering
on 11 July 2018, and subsequent issues in April 2019, August 2019,
October 2019, July 2020 and September 2020. In September 2019,
Hipgnosis transferred its entire issued share capital to the
Premium listing segment of the Official List of the FCA and to the
London Stock Exchange's Premium segment of the Main Market, and in
March 2020 became a constituent of the FTSE 250 Index.
About The Family (Music) Limited
The Company's Investment Adviser is The Family (Music) Limited,
which was founded by Merck Mercuriadis, former manager of globally
successful recording artists, such as Elton John, Guns N' Roses,
Morrissey, Iron Maiden and Beyoncé, and hit songwriters such as
Diane Warren, Justin Tranter and The-Dream, and former CEO of The
Sanctuary Group plc. The Investment Adviser has assembled an
Advisory Board of highly successful music industry experts which
include award winning members of the artist, songwriter,
publishing, legal, financial, recorded music and music management
communities, all with in-depth knowledge of music publishing.
Members of The Family (Music) Limited Advisory Board include Nile
Rodgers, The-Dream, Giorgio Tuinfort, Starrah, Nick Jarjour, David
A. Stewart, Bill Leibowitz, Ian Montone, Rodney Jerkins, Bjorn
Lindvall and Chris Helm.
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END
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