Among music legends, Nile Rodgers is truly exceptional.  His work in the CHIC Organization and his productions for artists like David Bowie, Diana Ross, and Madonna have sold over 500 million albums and 75 million singles worldwide.  Merck Mercuriadis is one of the most successful music managers and entrepreneurs of all time; former manager of globally successful recording artists, such as Elton John, Guns N’ Roses, Morrissey, Iron Maiden and Beyoncé, and hit songwriters such as Diane Warren, Justin Tranter and The-Dream, and former CEO of The Sanctuary Group plc.  Their latest venture, Hipgnosis Songs Fund (LON:SONG) turns the most successful songs in history into a new investment asset-class and already owns copyrights including Beyonce’s ‘Single Ladies (Put A Ring On It)’, Rihanna’s ‘Umbrella’ Kanye West’s ‘All Of The Lights’, Justin Beiber’s ‘Baby’, and Jay-z’s ‘Holy Grail’ featuring Justin Timberlake.  Estimates suggest the fund could rapidly grow to well over £1 billion in market capitalisation. In these exclusive interviews I spoke to Nile Rodgers and Merck Mercuriadis to learn more about the business of music, their creative process, the secrets of great management, production and what they’ve learned from a lifetime at the pinnacle of the music world.

Thought Economics

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