Hipgnosis Song Management has acquired rights to the entire song catalog of Leonard Cohen
With gross assets of $2.2 billion, Cohen’s catalog joins Hipgnosis’ already lucrative portfolio which includes works by Neil Young, Al Jackson Jr., The B-52’s, Blondie, Journey, Lindsey Buckingham, Steve Winwood and Tricky Stewart.
“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,” remarks Mercuriadis. “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.
Cohen’s manager, Kory, added, “Merck Mercuriadis is unique in the music publishing world with his background as an artist manager. We know he cares about artists, and as a Québécois he has a particularly deep appreciation of Leonard’s unique status in popular music. The catalogue is in good hands. The Hipgnosis team has been a pleasure to work with throughout the transaction.
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