Thursday, January 14, 2021

LINDSEY BUCKINGHAM SELLS HIS SONG CATALOG TO HIPNOSIS

HIPGNOSIS FULLY ACQUIRES LINDSEY BUCKINGHAM SONG CATALOG, INCLUDING 100% WRITER AND PUBLISHER SHARE OF FLEETWOOD MAC HITS


Just one day after it announced the acquisition of Jimmy Iovine’s production royalties, the Merck Mercuriadis-led entity has confirmed yet another major rights buyout.

This time, Hipgnosis has acquired 100% of Lindsey Buckingham’s publishing rights, including both his publishing and writer’s share, across 161 songs.

Those songs include an array of hits that Buckingham wrote and/or co-wrote for Fleetwood Mac, including Go Your Own Way and The Chain.

Hipgnosis previously acquired a 25% stake in Buckingham’s song catalog via its buyout of a publishing portfolio from Kobalt for $323m in September (announced in November).

As part of its new agreement with Buckingham, announced today (January 5), Hipgnosis also acquires a 50% share of any unreleased compositions.

Today’s news means that the majority of publishing rights for songs penned by two of Fleetwood Mac’s biggest songwriters – Lindsey Buckingham and Stevie Nicks – are now owned by modern, highly acquisitive, rights management firms. (Nicks sold 80% of her publishing rights last year to Hipgnosis rival Primary Wave for around $80m.)

Merck Mercuriadis, founder of Hipgnosis Songs Fund Limited, said: “Lindsey Buckingham is one of the greatest guitarists, songwriters and producers of all time yet is still so underrated. His work with Fleetwood Mac has brought the world unparalleled joy over the last 45 years and he belongs in any discussion featuring Brian Wilson and Paul McCartney. It’s wonderful to welcome him and his iconic songs both as a solo artist and with Fleetwood Mac to the Hipgnosis family”.

Lindsey Buckingham said: “Prior to arriving at an agreement with Hipgnosis, I had wonderful long conversations with Merck Mercuriadis. I was pleased to find a kindred spirit, someone who’s a big fan of my work in Fleetwood Mac, and an even bigger fan of my solo efforts.

“I look forward to working with Merck and the whole Hipgnosis team going into the future, and am confident that my body of work will be curated with great heart and insight.”

Lindsey Buckingham was represented by managers Matt Sadie and Simon White at C3 Management, his attorney, David Altschul, of Altschul Olin & Vandergast LLP, and his business manager, Rick Mozenter of Gelfand, Rennert & Feldman.

Lindsey Buckingham released his debut album Buckingham Nicks in 1973 with his then partner, Stevie Nicks. The duo then joined Mick Fleetwood, John McVie and Christine McVie as Fleetwood Mac.

Buckingham’s second album with Fleetwood Mac, Rumours, was released in 1977 and has sold over 45 million copies worldwide, making it one of the nine bestselling albums of all time. It won Album of the Year at the 1978 Grammy Awards, containing Go Your Own Way, written by Buckingham, and The Chain, co-written by Buckingham. Buckingham also wrote Second Hand News and Never Going Back Again on Rumours.

Buckingham’s four songs from Rumours have collectively been streamed more than 1 billion times on Spotify alone.

In 1979, Fleetwood Mac released the multi-platinum album Tusk, whose title track was written by Buckingham. He also wrote the likes of What Makes You Think You’re The One, Save Me A Place, Walk A Thin Line, Not That Funny and I Know I’m Not Wrong on the record.

Buckingham released his first solo album Law and Order in 1981, which included the Top 10 single Trouble. He then returned to Fleetwood Mac to record the UK No.1 and multi-platinum album Mirage which sold over 4 million copies.

In 1987, Fleetwood Mac released Tango in the Night which sold over 15 million copies worldwide. The LP featured four US Top 20 hits including Big Love, which was written by Buckingham and reached the Top 10 in both the US and the UK.

In 2003, Buckingham and Fleetwood Mac released the album Say You Will which sold more than 2 million copies worldwide and featured the hit single Peacekeeper written by Buckingham.

As a member of Fleetwood Mac, Buckingham was inducted into the Rock and Roll Hall of Fame in 1998 and in 2011 was listed in Rolling Stone Magazine’s ‘100 Greatest Guitarists of All Time’.

In addition to his work with Fleetwood Mac, Buckingham has released five solo albums including Out of the Cradle, Under the Skin, Gift of Screws and Seeds We Sow.

In 2017, Buckingham and his Fleetwood Mac bandmate Christine McVie released the UK Top 5 and certified silver album Lindsey Buckingham Christine McVie.

UK-listed Hipgnosis Songs Fund owned (or owned cuts in) 57,836 songs in its portfolio as of the end of September 2020, when its market cap value stood at circa $1.7bn.

Music Business Worldwide

Friday, January 01, 2021

Stevie Nicks' 2020 was a "Dreams" come true

 The Year in Music: Stevie Nicks' 2020 was a "Dreams" come true

While 2020 was pretty much a terrible year for everyone -- especially the music industry, which lost billions due to the shutdown of live events -- some artists not only survived, but thrived.  Here's how 2020 was for one of those artists: Stevie Nicks.

"Dreams," the number-one hit that Stevie wrote for Fleetwood Mac in the '70s, became an unexpected phenomenon when an Idaho man named Nathan Apodaca posted a video on TikTok of himself lip-syncing along to it while swigging Ocean Spray Cran-Raspberry juice and riding a skateboard.

TikTok users rushed to post their own versions of the #DreamsChallenge, as did Stevie, Mick Fleetwood and ex-Fleetwood Mac guitarist Lindsey Buckingham.  As a result, "Dreams" re-entered the Billboard chart, climbing to #12, while its parent album, Rumours, returned to the top 10 for the first time in 42 years.

Speaking with CBS Sunday Morning on October 25, Stevie said, "This TikTok thing has kind of blown my mind. I'm happy about it because it seems to have made so many people happy."

Also in 2020, Stevie released a politically charged song called "Show Me the Way," joined Miley Cyrus on a remix of Miley's hit "Midnight Sky" -- which interpolated Stevie's "Edge of Seventeen" -- and was sampled on Dua Lipa's remix album. 

In addition, Stevie put out a live album and concert film, 24 Karat Gold. In December, she closed out the year by selling an 80% stake in her song catalog for an estimated $100 million.

By Andrea Dresdale - AbcNewsRadio

Tuesday, December 29, 2020

Fleetwood Mac's 'Rumours' Among Best Selling UK Vinyl Albums of 2020

 


Fleetwood Mac's 'Rumours' expected to be announced as one of the year’s best selling vinyl albums in the UK. 

Nearly 5 million (4.8m) LPs were purchased in the UK over the past 12 months – a leap of nearly a tenth on sales in 2019 and a 13th consecutive year of growth since 2007.  Vinyl LPs now account for nearly 1 in 5 of all albums purchased (18%) and are at their highest level since the early nineties. Vinyl generates almost twice as much in industry revenues as music video streaming platforms, such as YouTube, despite the tens of billions of videos watched every year.

The BPI will report its final music consumption figures on January 4th 2021.

Predicted best-selling vinyl albums for 2020 (Based on YTD Official Charts data)

1. Fleetwood Mac – Rumours
2. Oasis – (What’s The Story) Morning Glory?
3. Amy Winehouse – Back To Black
4. Nirvana – Nevermind
5. Harry Styles – Fine Line
6. Kylie Minogue – Disco
7. AC/DC – Power Up
8. Queen – Greatest Hits
9. IDLES – Ultra Mono
10. Arctic Monkeys – Live At The Royal Albert Hall

Source: BPI

Saturday, December 26, 2020

Fleetwood Mac's Billboard Year End Charts Roundup


 

Billboard End of Year Charts 2020

Rumours and Greatest Hits along with Dreams were the predominant forces propelling Fleetwood Mac's placement on this year's Billboard Year-End Charts.

BILLBOARD TOP 200 ALBUMS
53 Rumours Fleetwood Mac

Top 100 Artists
76 Fleetwood Mac

TOP 100 BILLBOARD 200 ARTISTS
44 Fleetwood Mac

TOP 75 Digital Song Sales
58 Dreams Fleetwood Mac

TOP 50 CATALOG ALBUMS
2 Rumours Fleetwood Mac

TOP 10 CATALOG ARTISTS
5 Fleetwood Mac

TOP 100 TOP ALBUM SALES
25 Rumours Fleetwood Mac
62 Greatest Hits Fleetwood Mac

TOP 25 TOP ALBUM SALES ARTISTS
12 Fleetwood Mac

TOP 25 VINYL ALBUMS
9 Rumours Fleetwood Mac

TOP 50 ROCK ARTISTS
3 Fleetwood Mac

TOP 25 ROCK ALBUMS ARTISTS
3 Fleetwood Mac

TOP 50 CANADIAN ALBUMS
47 Rumours Fleetwood Mac

TOP 25 TASTEMAKERS ALBUMS
7 Rumours, Fleetwood Mac

Below are the current charts for the US, UK, Canada, Australia and New Zealand

MICK FLEETWOOD AMONG THE CELEBS APPEARING AT TIKTOK NYE PARTY



 

Mick Fleetwood is among the celebrities who will appear on a special New Year's Eve livestream party hosted by TikTok that will celebrate the social media platform's highlights of 2020.

The event, which begins at 9:30 p.m. ET on December 31, will count down TikTok's top 10 moments of the past year.

The Fleetwood Mac drummer started his own TikTok account this year after user @420Doggface208 -- aka Nathan Apodaca -- turned the band's 1977 song "Dreams" into a massive viral hit.

Apodaca's clip, which shows him grooving to "Dreams" as he sips Ocean Spray Cran-Raspberry juice drink while rolling along on a skateboard, landed at #2 on TikTok's list of top viral videos of the year. It's popularity inspired Mick, as well as Stevie Nicks and Lindsey Buckingham, to make their own TikTok clips set to "Dreams."

The video also helped propel "Dreams" back up the Billboard charts.

TikTok's New Year's Eve livestream will be hosted by rapper Lil Yachty and social-media personality Brittany Broski, and also will feature appearances by rap star Cardi B and ex-One Direction member Liam Payne, as well as performances by Jason DeRulo, rapper Saweetie and others.

See more at TikTok

Wednesday, December 23, 2020

Fleetwood Mac's ability to find gorgeous, fragile beauty in even dark days is extremely relatable



Why Fleetwood Mac's music resonated so deeply in 2020
The band's ability to find gorgeous, fragile beauty in even dark days is extremely relatable

By Annie Zaleski - Salon