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All I want for Christmas is... 33,000 songs

snoop1130
in Entertainment

Featured Replies

All I want for Christmas is... 33,000 songs

 

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JEFF KRAVITZ

 

An investment company has bought a share of the rights to Mariah Carey's All I Want For Christmas Is You.

 

The inescapable festive tune was co-written by the singer with Walter Afanasieff, whose 50% stake has now been bought by fast-growing investment vehicle Hipgnosis Songs Fund.

 

Its Christmas shopping basket did not stop with that barnstormer.

 

It bought 33,000 songs in a $323m (£250m) spree, including Fleetwood Mac's The Chain.

 

Full Story: https://www.bbc.com/news/business-54779496

 

bbc.jpg

-- © Copyright BBC 2020-11-04
 

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