London | Hipgnosis Songs Fund bought 50 per cent of the rights to folk-rock 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 Wednesday the purchase of half the copyright and income interests for the Canadian singer's 1180 songs, including hits like Heart of Gold, following deals for the music of producer Jimmy Iovine and Fleetwood Mac guitarist Lindsay Buckingham earlier in the week.

Bloomberg