CREDIT: LARRY BUSACCA/PW/WIREIMAGE
Does owning your favourite albums at the same time as making money out of them sound like music to your ears?
The music industry is booming and from investing in the rights to classic songs to buying a stake in a popular festival it’s now possible to share in its success. Here are four ways to make money from music.
Music investment trust
Hipgnosis Songs Fund Limited is an investment trust run by Merck Mercuriadis, a music executive who has managed the likes of Guns N’ Roses, Elton John and the Pet Shop Boys over the years. The trust specialises in investing in the catalogues of platinum selling artists.
Mr Mercuriadis said: “We buy up proven hit songs and then recast them, placing them in…
See Full Article here : https://www.telegraph.co.uk/money/consumer-affairs/invest-booming-music-industry-piece-beyonce/