SPACE vs Hipgnosis Songs Fund: Comparing Music Catalog Buyers

Hipgnosis Songs Fund and SPACE both buy music catalogs, but that's about where the similarities end. Hipgnosis, founded by Merck Mercuriadis and backed by billions in investment capital, focuses on acquiring catalogs from major established artists — names like Shakira, Neil Young, and Lindsey Buckingham. SPACE operates at the other end of the spectrum, working with independent creators in the ambient, lo-fi, and meditation space. This comparison is less about which is "better" and more about understanding which buyer is relevant to your situation as a music creator.

Quick verdict

Hipgnosis Songs Fund is a publicly traded investment vehicle that acquires proven hit catalogs from major artists, with deal sizes typically starting at $1M+. SPACE works with indie creators in ambient, lo-fi, and wellness genres, accepting catalogs worth as little as $2K+. These two buyers serve very different market segments — if you're an indie creator, SPACE is the accessible option.

SPACE

SPACE is a direct music rights buyer that focuses on ambient, lo-fi, meditation, and wellness genres. Built for independent creators, SPACE accepts catalogs at a much lower threshold than institutional buyers and offers a streamlined process from submission to payout. Creators can sell full or partial rights while maintaining creative control over their work.

Strengths

  • +Accessible to independent and emerging creators — no massive catalog required
  • +Accepts deals starting from approximately $2K in catalog value
  • +Specializes in ambient, lo-fi, and wellness music valuation
  • +Partial rights sales preserve creator ownership
  • +Simple, transparent process without lengthy negotiations
  • +Creators retain creative control

Limitations

  • Limited to ambient, lo-fi, and wellness genres
  • Cannot match the scale or deal sizes of institutional funds
  • Less name recognition compared to publicly traded funds
Best for: Independent ambient, lo-fi, and wellness creators who want an accessible buyer, fast payouts, and the ability to sell partial rights regardless of catalog size.

Hipgnosis Songs Fund

Hipgnosis Songs Fund is a London-listed investment company founded in 2018 by Merck Mercuriadis, former manager of artists like Beyoncé and Elton John. The fund has raised over $2 billion to acquire music catalogs from established songwriters and artists. Hipgnosis focuses on proven hit songs with strong streaming performance and sync potential, managing a portfolio of over 65,000 songs including works by some of the most recognized names in popular music.

Strengths

  • +Massive investment capital — over $2B deployed in catalog acquisitions
  • +Proven track record with major artist acquisitions
  • +Active song management and sync licensing to maximize catalog value
  • +Publicly traded, providing transparency and regulatory oversight
  • +Deep industry relationships and experienced leadership

Limitations

  • Minimum deal sizes typically start at $1M+, excluding most indie creators
  • Focused on mainstream pop, rock, and R&B hit catalogs
  • Lengthy due diligence and negotiation process for acquisitions
  • Not accessible to independent or niche-genre creators
  • Recent market volatility has raised questions about fund valuation strategy
Best for: Established artists and songwriters with proven hit catalogs generating substantial royalties, who are looking for a major institutional buyer.

Feature comparison

FeatureSPACEHipgnosis Songs Fund
Target sellerIndependent and emerging creatorsEstablished major artists and hit songwriters
Minimum deal size~$2K+ catalog valueTypically $1M+
Genre focusAmbient, lo-fi, meditation, wellnessMainstream pop, rock, R&B, hip-hop
Deal structureDirect purchase with partial rights optionsFull catalog acquisition
Payout speedDays after acceptanceWeeks to months (extensive due diligence)
Creative controlRetained by creatorTransferred to Hipgnosis for active management
Song managementCreator continues to manage their workHipgnosis actively pitches songs for sync, playlists, etc.
Valuation approachMood-music specialist evaluationFinancial modeling based on historical earnings and projections
Company structurePrivate companyPublicly traded fund (LSE: SONG)
Portfolio scaleGrowing niche catalog65,000+ songs from major artists

Our verdict

Hipgnosis and SPACE are not really competitors — they operate in entirely different segments of the music rights market. Hipgnosis is an institutional buyer pursuing multi-million dollar deals with established hitmakers; if you're an indie ambient producer, you're simply not in their addressable market. SPACE exists specifically for the creators that institutional funds overlook: independent artists in the ambient, lo-fi, and wellness space who want to monetize their catalogs without needing a chart-topping track record. If you're a major artist with a proven catalog generating significant royalties, Hipgnosis (or a similar fund) is worth exploring. If you're an independent creator in a niche genre looking for a fast, accessible way to sell some or all of your rights, SPACE is built for you.

Common questions

Ready to sell your catalog?

Get a free valuation from SPACE. No obligation.