Hipgnosis Songs Fund Slashes Dividends for Investors After $11.8 Million Royalty Recalculation, Share Price Plunges ...Middle East

News by : (Variety) -
Hipgnosis Songs Fund, the company that played a huge role in the music-catalog gold rush of recent years, has abandoned plans to pay a dividend after drastically reducing the amount it expects to receive from royalty payments, according to the Guardian and other news reports. The reduction stems from the U.S. Copyright Royalty Board’s decision […]

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