Hipgnosis spent over $1 billion to acquire 84 catalogs in FY 2021, while earnings came in at $138 million and debt approached $500 million. Hipgnosis revealed these and other operational specifics in its 2021 annual report. Spanning a staggering 172 pages and featuring everything from financials to creator interviews and a breakdown of the 35-employee company’s environmental impact to a complete list of IP holdings
Source: Hipgnosis Spent Over $1 Billion to Acquire 84 Catalogs in FY 2021