LONDON — American songwriter Carole Bayer Sager, famed for the James Bond theme “Nobody Does It Better,” has become the latest artist to sell her catalog to Hipgnosis Songs Fund, as a surge in streaming makes up for concert earnings lost to the pandemic.
London-listed Hipgnosis did not disclose the size of the deal in its announcement on Thursday, although it has said the year had got off to its “strongest start ever.”
COVID-19 has prompted musicians to monetize their older work by selling tracks and albums as the global health crisis has all but shut down live concerts.
“This is one of the most important deals we have ever made,” Hipgnosis Songs founder Merck Mercuriadis …
Keep on reading: Nobody streams it better? Carole Bayer Sager’s songs join Hipgnosis playlist