Hipgnosis Songs Fund has acquired the music catalogue of four time Grammy winner Rodney “Darkchild” Jerkins, who will also be joining the investment adviser’s advisory board with immediate effect. …
’ Writer’s Share of Income in his early works and 100% of his Publishing interest and Writer’s Share of Income in his later works, which in total comprise 982 songs.
Jerkins — a producer, rapper and songwriter — rose to prominence in 1997 having co-written, arranged and produced five songs for Mary J. Blige’s triple-platinum album “Share My World,” including the single “I Can Love You.” The following year he co-wrote and produced the majority of Brandy’s “Never Say Never,” album which has sold over 17 million copies worldwide, including the Grammy-winning smash single “The Boy Is Mine.
Merck Mercuriadis, Founder of Hipgnosis Songs Fund Limited and The Family Limited, said: “If you are talking songs of cultural importance you only need to say ‘Darkchild’ and everyone in the world knows you are talking about the very best of the very best. Rodney has created magic every step of the way in his magical career and we owe him a debt of gratitude for making the airwaves such a wonderful place over the last 25 years.
Jerkins said: “My relationship with Hipgnosis represents a relationship of mutual trust: Hipgnosis has placed its trust in me as an advisor, and I have entrusted Hipgnosis to manage a catalog that I have nurtured for 25+ years. I have no doubt that Merck and Hipgnosis are the right home for my catalog because they have demonstrated that they appreciate the art and craft that underlie the copyright and have constantly supported music creators.
Hipgnosis Songs recently released its annual report, which showed its revenues soaring in its first full year of business, climbing to $81 million in the 12 month period ended in March 2020 from around $8.9 million in the preceding period.
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