I'm using Hipgnosis (OTCPK: HPGSF) and Round Hill (OTCPK: RHILF) as my examples simply because they're listed. This is a good enough example to explain the point at least. Mechanical royalties get even more complex with splits and timespans of validities, so this is just about songwriter copyrights which last 70 years after composer's death. Please note that I'm restricting myself here to songwriter rights. Which changes a sensible valuation of what has been bought. For it's also not obvious that those we thought did own that work do either. Which is what the little investing problem we have here is about. OK, all very fun and of course those musicians do own their own work and they get to do as they wish with it.Įxcept, of course, those musicians don't all own their own work. Neil Young led the charge, Graham Nash has followed, CSNY music is coming off I believe, Barbra Streisand is threatening, there's a campaign to get Taylor Swift to do so. Leave aside all of the cultural details of this, even the story itself, for that's the business structure here. Certain guests have been saying things others don't like, so they in turn are asking that their music be taken off Spotify. Joe Rogan is the big name signing for Spotify's ( SPOT ) podcasting section. Most of us will be up to date with this but for those who are not. Sony Alpha User/iStock Editorial via Getty Images Spotify, Joe Rogan and Neil Young Travel the world to capture moments and beautiful photos.
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