WE NAV-IGATE SOME NEW MERCK NUMBERS

We’re told that Merck MercuriadisHipgnosis Songs Fund Limited and The Family (Music) Limited has a new independent valuation of its Song Portfolio; the company’s Operative Net Asset Value (or NAV) as of 9/30 had increased just over 5% to 108.46 pence per share (up from 103.27 in March). Look for Hipgnosis to publicize its six-month numbers on 12/11.

“This is an excellent NAV result, and together with the dividends paid reflects a 7.45% Total NAV Return for our shareholders for the first half of the year and a Total NAV Return of 11.96% since Hipgnosis launched 16 months ago," reads a quote from Mercuriadis, who's pictured above with friend, associate and music legend Nile Rodgers. This is a testament to the great power of not only our songs but music and proven songs in general and supports our thesis that songs are a new asset class to be taken as seriously as gold and oil. Our results are not only positive news for Hipgnosis and our shareholders but for all songwriters.”

Rumors that Merck then bought three Caribbean islands and a fleet of miniature ponies could not be confirmed at presstime.

AND THE 2025 GRAMMY NOMINEES ARE...
And away we go. (11/8a)
BEY LEADS ARRAY OF FEMALE STARS IN GRAMMY NOMINATIONS
Adding up the numbers (11/8a)
SONG REVENUE: SEVERAL TYPES OF MONSTERS
Metaphorically speaking (11/7a)
OF PONIES, PRINCESSES AND UNICORNS: CHAPPELL'S SNL TRIUMPH AND BEYOND
Changing the pop narrative (11/5a)
NEW & DEVELOPING ARTISTS: Q4
Meet the class. (11/7a)
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
ALL THE WAY LIVE
The players, the tours, the enormous beers.
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