Found one without a paywall:
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Surely if this was a good way to make money one of the big record labels or publishers would have already done it?
Apologies for the noob question, but this is the first stock I see with ongoing charges, transaction and incidental costs. Is there a good way or link to understand how these apply here? Thank you.
It’s a fund. So you pay the management charges for them to run the fund. All charges are taken directly from the fund pot, you won’t see it.
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I understand, thanks a lot @SebReitz!
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Labels would sell the rights to songs they think are past their prime to get some quick capital, they’re sacrificing longer term profit for some cash to invest in marketing or whatever.
It benefits both this trust and the record labels to sell off the rights to older songs
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Another good acquisition together with the rumoured Red Hot Chili Peppers.
Only concern is it seems that acquisition costs are getting high with the number of companies/funds in the rights sector
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Presumably not for retail investors?
So just to clarify even though it says there is a yearly charge this would be deducted from the dividends or fund pool or whatever before any payouts so I won’t get stung for charges?
No, you won’t get stung for charges. The fee is accounted for in the share price.
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Thank you, much appreciated
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Taking the hit on possibly one of my most steady stocks until 2 weeks ago 
So that’s why Neil You g doesn’t care about the income from his songs. Wouldn’t be be breaching some kind of contract with Hipgnosis?
Depends how much of each category Hipgnosis purchased I assume - not sure I saw an RNS announcing the acquistion; will have to have a look. Sure Merck will back tha artists though.
Have been playing NY on Amazon and You Tube but he did pop up on my Spotify a lot.
I think the SONG catalogue was due for an annual valuation by Massarsky soon
Also just gone XD on the 28 Jan
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UPDATE: there was a RNS on 06 Jan 2021 announcing acquistion of 50% of worldwide copyright and income interests in the entire catalogue of 1180 songs.
In the investment report dated 30 Sept 2021 it is shown as 590 songs so the RNS was confusing as thought
Also says that they were planning to promote the 50th annivaersary of the Harvest album in 2022 so not great timing!
I’ve just sold my holding in SONG - just a bit uneasy about the potential impact of other artists having a say about their music (as is their right, I guess). I’m all for people taking a stance in accordance to their values, just rather not stress over this added investment risk!
Not being on a streaming service will not have a large effect on promotional campaigns. They are a multitude of avenues those go through.
@weenie From what I recollect most of Hipgnosis’ catalogues are >50% interest, and it hardly matters anyway. The artists are the ones with the power in this relationship, the platforms are simply the low-value delivery chain. If people want to listen to Neil Young, they will find a way without Spotify.
Herein my mistake, I thought the fund had the power once the rights had been sold to them but evidently not.
This was a risk I hadn’t previously considered, hence I’m out.
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Getting a little antsy about this one now. Dividend seems to be taking it’s time being announced. AGM on the 21st of September could shed some light.
Last lot.of results put a good spin on things i was hoping for a dividend increase, now i’m not so sure.
They announced in sept to exchange they were moving qtr dividends to end of October January April and July no change to amount ie 5.25p pa. 
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