Pfizer has not invested in Hipgnosis but a past Pfizer CEO is a senior advisor for Blackstone”. “The Blackstone investment went into a separate Hipgnosis Private Fund and none of that money was used for the Hipgnosis Songs Fund. “The publishing share Hipgnosis has in my copyrights is in the Hipgnosis Songs Fund that is publicly traded on the London Stock Exchange”, wrote Young. Plus Blackstone has no direct involvement in the specific Hipgnosis Songs Fund that has a stake in his songs catalogue. A former CEO of the company is a senior advisor to investment outfit Blackstone, which has set up a music rights investment fund with Hipgnosis and bought into the Hipgnosis Song Management company.īut that’s a pretty weak connection between the pharma firm and Young. However, the one issue with this is that Pfizer isn’t an investor in any of the various Hipgnosis ventures. Linking all that together, some believe it’s obvious that Pfizer has been very busy of late exploiting its control over Young’s music to pressure him to start a big old fuss in order to convince young people to eat up their yummy vaccines. The basic allegation runs as follows: Pfizer is an investor in Hipgnosis and it was Hipgnosis that acquired a 50% share in Young’s publishing catalogue last year. And, in fact, for said conspiracy theory to stand up, all you need to do is ignore most of the facts. It does seem unlikely that a pharmaceuticals company would own Young’s songs, but there is a sort of logic to how this conspiracy theory came about. He’s been correcting himself, but the debunking relates to a conspiracy theory that has been circulating that he’s only complaining about COVID misinformation in the Joe Rogan Experience podcast because vaccine maker Pfizer owns his songs catalogue.
Neil Young has been busy both debunking and correcting, as his big beef with Spotify continues. And Finally Artist News Business News Digital Neil Young debunks conspiracy theory about his Spotify protest, admits a mistake of his own By Andy Malt | Published on Tuesday 15 February 2022
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