London — Hipgnosis Songs Fund has bought 50% of the rights to folk songwriter Neil Young’s discography, marking the latest in a bonanza of music rights acquisitions after artists, cut off from touring income by the coronavirus pandemic, look to raise cash.

Hipgnosis announced on Wednesday the purchase of half the copyright and income interests for the Canadian singer’s 1,180 songs, including hits such as “Heart of Gold”, after deals for the music of producer Jimmy Iovine and Fleetwood Mac guitarist Lindsay Buckingham earlier in the week. In December, Neil Young’s fellow 60s icon, Bob Dylan, sold his music rights to Universal Music...

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