{"id":95745,"date":"2021-01-06T19:20:51","date_gmt":"2021-01-06T19:20:51","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=people&#038;p=95745"},"modified":"2021-02-18T19:19:50","modified_gmt":"2021-02-18T19:19:50","slug":"merck-mercuriadis","status":"publish","type":"people","link":"https:\/\/www.musicbusinessworldwide.com\/people\/merck-mercuriadis\/","title":{"rendered":"Merck Mercuriadis"},"content":{"rendered":"<p>Merck Mercuriadis is founder and CEO of Hipgnosis Songs Fund, a UK-listed investment company established to &#8220;offer investors a pure-play exposure to songs and associated musical intellectual property rights&#8221;.<\/p>\n<p><span style=\"font-weight: 400;\">Hipgnosis has raised a total of over GBP \u00a31.05 billion (gross equity capital) through its Initial Public Offering on 11 July 2018, and subsequent issues in April 2019, August 2019, October 2019, July 2020 and September 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mercuriadis is also the founder of Hipgnosis&#8217; Investment Adviser, The Family (Music) Limited, which has assembled an Advisory Board of music industry experts that includes award-winning members of the artist, songwriter, publishing, legal, financial, recorded music and music management communities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mercuriadis is a veteran artist manger, having <\/span>worked with globally successful recording artists such as Nile Rodgers, Elton John, Guns N&#8217; Roses, Morrissey, Iron Maiden and Beyonc\u00e9, and hit songwriters such as Diane Warren, Justin Tranter and The-Dream.<\/p>\n<hr \/>\n<h6>Merck Mercuriadis&#8217; Industry career<\/h6>\n<p>Merck Mercuriadis was born in Canada in 1963 and<span class=\"s1\"> started his career in the music business in the \u201980s at Richard Branson\u2019s Virgin Records, during the rise of Simple Minds, Orchestral Manoeuvres in the Dark and UB40.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mercuriadis<\/span> later became the CEO of The Sanctuary Group plc, where he started working with Iron Maiden managers Rod Smallwood and Andy Taylor in 1986.<\/p>\n<p>Sanctuary was sold to Universal Music Group in 2007 for \u00a344.5m ($88m).<\/p>\n<blockquote><p>&#8220;The role of the manager needs to be reconsidered, particularly by the legal community, which seems to want to marginalize it.&#8221;<\/p>\n<p><span style=\"color: #000000;\">Merck Mercuriadis, speaking to MBW in 2019<\/span><\/p><\/blockquote>\n<p>In an interview with MBW in 2019,<a href=\"https:\/\/www.musicbusinessworldwide.com\/my-manifesto-merck-mecuriadis\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Mercuriadis suggested<\/a> that &#8220;the role of the manager needs to be reconsidered, particularly by the legal community, which seems to want to marginalize it. One of the key issues is that managers should get paid for the work that they do in perpetuity.<\/p>\n<p>He added: &#8220;That\u2019s not to say they should get paid on an entire contract, but whichever songs or albums that come out during their tenure as manager, they should get paid in perpetuity. It\u2019s no different to a producer.<\/p>\n<p>&#8220;Your manager could be someone that you spend 10 hours a day with, and a lawyer\u2019s telling you, \u2018Don\u2019t pay this person.\u2019 Whereas you could go into a studio tomorrow with someone who you\u2019ve only met once and who you\u2019re never going to work with again, and you would owe them their royalty forever.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merck Mercuriadis is founder and CEO of Hipgnosis Songs Fund<\/p>\n","protected":false},"featured_media":52876,"template":"","class_list":["post-95745","people","type-people","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people\/95745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/people"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people\/95745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/52876"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=95745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}