Founder of song rights buyer launches new venture after being sidelined from industry
Chair of group set up to manage music rights will exit when $1.6bn purchase is completed
Merck Mercuriadis in battle to stay on at investment trust that owns thousands of songs
Troubled company that owns song rights for artists including the Red Hot Chili Peppers must now review its options
Group battles to persuade investors to continue backing its status as an investment trust
Investors poured billions into buying rights, turning pop songs into a new asset class — but then the economy stalled
Rapid expansion of Hipgnosis Songs Fund stalls as higher interest rates start to bite
Private equity group also buys stake in Merck Mercuriadis’s company as valuations boom
