Hipgnosis Invests in Beatclub, Offering Access to Vast Catalog for Producers and Artists
Hipgnosis SongManagement has invested in beat marketplace Beatclub as part of its series A-2 funding round. The investment amount was not disclosed. Under the partnership, Elite producers and artists on Beatclub's roster, which includes Justin Timberlake, J. Cole, and Timbaland, will have access to sample songs within the Hipgnosis catalog, creating the next generation of hits.
Beatclub will also help Hipgnosis secure sync opportunities for placement in film, TV, advertising, and gaming through its exclusive opportunities portal. Hipgnosis Song Management manages 70,000 songs, including those of Red Hot Chili Peppers, Neil Young, and Justin Bieber. The investment comes after Hipgnosis recently acquired TMS's publishing copyrights and Justin Bieber's catalog.
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