Music Stocks Adjust to a Slower Tempo
Oct. 29, 2023 10:00 am ETThe music industry is humming along nicely. That won’t make the hangover from rock-bottom interest rates any easier for some music stocks.Shareholders at Hipgnosis, a London-listed song catalog fund that owns rights to tracks by Shakira, the Red Hot Chili Peppers and others, voted against giving the fund another five-year mandate at the company’s annual general meeting on Thursday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
