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Michael Jackson’s Estate Pauses Trust Fund Payments To His 3 Kids

Michael Jackson‘s estate has cut off funding to the late King of Pop’s three children, and the payments cannot resume until the tax issues the estate is facing are resolved.PEOPLE is reporting that the IRS filed a claim with the estate on Tuesday (May 28), demanding that no further money can be added to the trust funds of the beneficiaries’ estates until their matters with the federal agency are resolved.In […]

todayJune 2, 2024 1

News

Hipgnosis Songs Fund Agrees $1.4 Billion Sale to Concord Chorus

After a disastrous couple months, Hipgnosis Songs Fund (HSF) has agreed to a $1.402 billion takeover from rival Concord Chorus. In a statement issued early Thursday (April 18) to the London Stock Exchange, the deal values each Hipgnosis share at £0.93, a premium of roughly one third the royalty fund’s shareprice at the close of trading on Wednesday. “The board is pleased to announce and unanimously recommend this US$1.4 billion […]

todayApril 18, 2024 1

News

Music royalty fund Hipgnosis freezes dividend pay till new fiscal year

A headset is seen in front of displayed Hipgnosis logo in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 6 (Reuters) - Hipgnosis Songs Fund Ltd (SONG.L), which had been undertaking a review of its financial position, said on Monday it would not declare dividends before its new fiscal year starting April 1 to save cash.Shares in the music investor dropped as much as 6.5% to […]

todayNovember 6, 2023 4

News

Music investment fund Round Hill swoops on hits from country music star Carrie Underwood

Music investment fund Round Hill swoops on hits from country music star Carrie UnderwoodBy Daily Mail City & Finance Reporter Updated: 18:15 EDT, 8 August 2023 Songs performed by country music star Carrie Underwood have been sold to London-listed music royalty firm Round Hill Music. The music investment fund bought the rights from New York based Big Loud Shirt Industries. As a result, Round Hill owns popular songs such as Before He […]

todayAugust 8, 2023 5

News

‘A Work of Art’ benefit to fund music scholarships

Elsewhere in entertainment, events and the arts:MUSIC'Work of Art'Grammy Award-winning smooth jazz guitarist Norman Brown headlines the final night of Art Porter Music Education's 13th "A Work of Art," this week at venues throughout Little Rock.Brown performs for the Scholarship Program with the APME All-Stars, 8 p.m. Saturday in the William Grant Still Ballroom in Robinson Center, 426 W. Markham St. at Broadway, Little Rock. Joi Porter, a graduating senior […]

todayJuly 30, 2023 3

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