{"id":57076,"date":"2019-01-30T13:35:33","date_gmt":"2019-01-30T13:35:33","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=57076"},"modified":"2019-01-30T13:43:45","modified_gmt":"2019-01-30T13:43:45","slug":"hipgnosis-songs-buys-music-catalog-of-santanas-smooth-co-writer-itaal-shur","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-songs-buys-music-catalog-of-santanas-smooth-co-writer-itaal-shur\/","title":{"rendered":"Hipgnosis Songs buys music catalog of Santana&#8217;s Smooth co-writer Itaal Shur"},"content":{"rendered":"<p>It&#8217;s been exactly 27 days since Hipgnosis Songs Fund last <a href=\"https:\/\/www.musicbusinessworldwide.com\/merck-mercuriadis-buys-again-as-hipgnosis-snaps-up-giorgio-tuinfort-catalog\/\">announced a catalog acquisition<\/a> &#8211; and today (January 30) it adds another one to its growing list of purchases.<\/p>\n<p>The publicly-traded UK company, set up by music industry veteran\u00a0Merck Mercuriadis, has acquired a music catalog from Itaal Shur &#8211; including\u00a0the gigantic hit Smooth, co-written with Rob Thomas and performed by Santana.<\/p>\n<p>Shur&#8217;s catalog comprises 209 songs in total, which also includes the US Top 10 song Ascension by Maxwell.<\/p>\n      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__tweeny hidden-xs hidden-ms hidden-sm\" data-loaded=\"no\" data-sizes=\"992 1200 1440\" data-name=\"628x90 Sponsor banner #5 (992+1200+1440)\" data-params=\"dfp_sponsor5_628\" id=\"dfp_sponsor5_628\"><\/div>      <div class=\"mb-advert mb-advert__banner mb-advert__banner--inline hidden-xs hidden-sm hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"480\" data-name=\"468x60 Sponsor banner #5 (480)\" data-params=\"dfp_sponsor5_468\" id=\"dfp_sponsor5_468\"><\/div>      <div class=\"mb-advert mb-advert__mobile mb-advert__mobile--inline hidden-ms hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"320 768\" data-name=\"300x50 Sponsor banner #5 (320+768)\" data-params=\"dfp_sponsor5_300\" id=\"dfp_sponsor5_300\"><\/div>      <\/div>      \n<p>Hipgnosis has acquired a 100% interest in the catalog including the BMI (Broadcast Music Inc.) share.<\/p>\n<p>Smooth became a chart-topping hit in 1999, spending 12 consecutive weeks at No.1 on the Billboard Hot 100.<\/p>\n<p>The song then stayed in the Top 10 of the Billboard Hot 100 for a total of 30 weeks and, in 2018, Billboard ranked it as the second most successful song of all time.<\/p>\n<hr \/>\n<div class=\"mb-embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/6Whgn_iE5uc\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<hr \/>\n<p>Smooth is approaching half a billion streams as it approaches it\u2019s 20th anniversary.<\/p>\n<p>Itaal Shur was advised by Cliff Smallman at the The Riverside Management Group and Jonathan Ain at Kleinberg, Kaplan, Wolff &amp; Cohen, P.C.<\/p>\n<p>Hipgnosis has been on an acquisition spree in recent months, having acquired music catalogs from the likes of<a href=\"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-songs-acquires-100-of-tricky-stewart-music-catalog\/\"> C<\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-songs-acquires-100-of-tricky-stewart-music-catalog\/\">hristopher \u201cTricky\u201d Stewar<\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-songs-acquires-100-of-tricky-stewart-music-catalog\/\">t<\/a>,\u00a0British songwriting and music <a href=\"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-buys-music-catalog-from-british-songwriting-team-tms\/\">production team TMS<\/a>\u00a0as well as\u00a0a 37.5% interest in the music catalog of Chic co-founder <a href=\"https:\/\/www.musicbusinessworldwide.com\/hipgnosis-songs-fund-buys-37-5-stake-in-the-music-catalog-of-chic-co-founder-bernard-edwards\/\">Bernard Edwards<\/a>.<\/p>\n<blockquote><figure class=\"mbw-articlepic mbw-articlepic--right\"><a class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-scaled.jpg\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-scaled.jpg\" data-lightbox=\"image-set\" data-title=\"\"><img  class=\"lazyload\" src=\"https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-80x45.jpg\" data-srcset=\"https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-80x45.jpg 80w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-160x90.jpg 160w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-320x180.jpg 320w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-418x235.jpg 418w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-648x365.jpg 648w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-836x470.jpg 836w, https:\/\/www.musicbusinessworldwide.com\/files\/2018\/11\/Merck-Mercuriadis-e1544184839937-1296x729.jpg 1296w\" data-sizes=\"auto\"><i class=\"fas fa-search-plus magnifying-glass-icon\"><\/i><\/a><\/figure><p>\u201cIt\u2019s always a good day when you are buying arguably the second most successful song of all time, particularly a song as enduring and iconic as Smooth.&#8221;<\/p>\n<p><span style=\"color: #000000;\">Merck Mercuriadis<\/span><\/p><\/blockquote>\n<p>Merck Mercuriadis, Founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited, said: \u201cIt\u2019s always a good day when you are buying arguably the second most successful song of all time, particularly a song as enduring and iconic as Smooth.<\/p>\n<p>&#8220;As Santana prepare to go out on the Supernatural Now 20th Anniversary Tour this is the perfect time to get involved. I\u2019d like to thank Itaal for entrusting us with a work as special as this.\u201d<\/p>\n<blockquote><p>&#8220;From the first time that I spoke to Merck, I knew that Hipgnosis was fresh and different and that I had found the right home for my catalogue.\u201d<\/p>\n<p><span style=\"color: #000000;\">Itaal Shur<\/span><\/p><\/blockquote>\n<p>Itaal Shur said: \u201cWhen I was considering selling my life\u2019s work, who bought it and what they could do with it was as important to me as anything else.<\/p>\n<p>&#8220;From the first time that I spoke to Merck, I knew that Hipgnosis was fresh and different and that I had found the right home for my catalog.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The catalog comprises 209 songs<\/p>\n","protected":false},"author":15,"featured_media":26769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[5647],"class_list":["post-57076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-smooth"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/57076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=57076"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/57076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/26769"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=57076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=57076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=57076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}