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Leonard Cohen’s estate sells his song catalogue to management company Hipgnosis.
British song management firm Hipgnosis said Sunday it has acquired the entire catalog of famed Canadian singer-poet Leonard Cohen, in the latest big catalog purchase to hit the music world. The London-based company said it had acquired rights to "all 278 songs and derivatives" written by Cohen, including the haunting anthem "Hallelujah," which Hipgnosis said had been covered more than 300 times and "streamed more than five billion times."
Hipgnosis acquired the rights in all 278 songs and derivatives written by Leonard Cohen. Hipgnosis now retains ownership of 100% of the copyrights, “publisher’s share” and “songwriter’s share” of royalties in the Old Ideas catalogue which consists of all 67 songs written by Leonard Cohen from 2001 until his death, at age 82, in 2016.
“To now be the custodians and managers of Leonard Cohen’s incomparable songs is a wonderful yet very serious responsibility that we approach with excitement and fully understand the importance of. Leonard wrote words and songs that have changed our lives, none more so obvious than Hallelujah but there are so many more that we look forward to reminding the world of on a daily basis,” Merck Mercuriadis, founder and CEO of Hipgnosis Song Management, said.
Click here to check out our Leonard Cohen selection.