Hipgnosis couldn’t find a better deal on the $440 million song sale

Shareholders will vote on the deal on Thursday, while also voting on the continuation of the fund itself. Relations with shareholders were not improved when Hipgnosis announced earlier this month that it would have to scrap its dividend because it was unable to pay back the money due to the US Copyright Royalties Board’s recent ruling on streaming royalties than expected to shareholders without violating agreements with its lenders.