Hipgnosis Songs Fund has snapped up yet another iconic collection today (Nov. 13), acquiring a share of the music catalog of the late "Super Freak" singer-songwriter and producer Rick James.
The deal with the James estate gives Hipgnosis 50% of the funk star's publishing interests, writers’ share, neighboring rights and recorded masters (from Universal Music Group) share of income in his catalog of 97 songs.
"Rick James was a true innovator. His 'Punk Funk' philosophy and style paved the way and influenced everyone from Prince to Michael Jackson to Jay-Z and the biggest names in hip hop," says Hipgnosis founder Merck Mercuriadis. "We are delighted to welcome his iconic work to the Hipgnosis Family and look forward to working closely with his daughter Ty James and his estate to ensure his legacy shines."