Two days after Hipgnosis Songs Fund Limited announced its latest catalog acquisition (that of Ed Sheeran‘s “Shape of You” co-writer Johnny McDaid), the music IP investment firm is saying “thank you, next.”
Hipgnosis just snagged the catalog of pop hitmaker Savan Kotecha, a longtime collaborator of Ariana Grande‘s, from her 2014 album My Everything to 2018’s Sweetener and this year’s Thank U, Next. On the latter two albums, the Indian-American songwriter and producer’s credits include “God Is A Woman,” “Breathin'” and “Break Up With Your Girlfriend, I’m Bored.”
Hipgnosis has acquired 100% of Kotecha’s worldwide copyrights on the catalog, which overall consists of 49 songs, plus nine new tracks due for release in 2020 by Camila Cabello, Ellie Goulding and Sam Smith. Kotecha was represented by Doug Davis at The Davis Firm.
“Savan is a special songwriter with a Midas touch,” said Hipgnosis founder, superstar manager Merck Mercuriadis. “His magical songs have helped propel Ariana Grande into one of the most influential artists of her generation. I’m delighted to welcome Savan into the Hipgnosis family and am very excited to be working with him and Doug Davis.”
Kotecha’s existing catalog also includes Cabello’s “My Oh My,” from her new album Romance, Goulding’s “Close To Me” with Diplo and Swae Lee, and Smith’s “How Do You Sleep,” plus more songs performed by One Direction, Usher, The Weeknd, Justin Bieber, Nicki Minaj, Britney Spears and Katy Perry.
“I’m beyond excited for my songs to join the incredible Hipgnosis catalogue,” Kotecha added. “I know my ‘babies’ will be well taken care of. Merck and his team have proven that they are true lovers of music and understand not just the monetary value of songs but the cultural value as well. I can’t wait to see what the future holds.”