Merck Mercuriadis
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Merck Mercuriadis (born October 2, 1963) is a British-Canadian music industry executive, artist manager, and entrepreneur. He is the founder and chairman of Hipgnosis Song Management; the founder of
Hipgnosis Songs Fund Recognition Music Group, formerly Hipgnosis Songs Fund Limited, is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018. Focused on songs and associated musical int ...
; and the founder of Hipgnosis Songs Capital (in partnership with Blackstone). Mercuriadis has managed artists including
Nile Rodgers Nile Gregory Rodgers Jr. (born September 19, 1952) is an American musician, songwriter, guitarist and record producer. The co-founder of Chic, he has written, produced, and performed on records that have sold more than 750 million albums and 1 ...
,
Beyoncé Beyoncé Giselle Knowles-Carter ( ; born September 4, 1981) is an American singer, songwriter, actress, and businesswoman. With a career spanning over three decades, she has established herself as one of the most Cultural impact of Beyoncé, ...
,
Elton John Sir Elton Hercules John (born Reginald Kenneth Dwight; 25 March 1947) is a British singer, songwriter and pianist. His music and showmanship have had a significant, lasting impact on the music industry, and his songwriting partnership with l ...
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Guns N' Roses Guns N' Roses is an American hard rock band formed in Los Angeles, California in 1985 as a merger of local bands L.A. Guns and Hollywood Rose. When they signed to Geffen Records in 1986, the band's "classic" line-up consisted of vocalist Axl R ...
,
Iron Maiden Iron Maiden are an English Heavy metal music, heavy metal band formed in Leyton, East London, in 1975 by bassist and primary songwriter Steve Harris (musician), Steve Harris. Although fluid in the early years of the band, the line-up for most ...
,
Morrissey Steven Patrick Morrissey ( ; born 22 May 1959), known :wikt:mononym, mononymously as Morrissey, is an English singer and songwriter. He came to prominence as the frontman and lyricist of rock band the Smiths, who were active from 1982 to 198 ...
,
Pet Shop Boys Pet Shop Boys are an English synth-pop duo formed in London in 1981. Consisting of vocalist Neil Tennant and keyboardist Chris Lowe, they have sold more than 100 million records worldwide and were listed as the most successful duo in UK music h ...
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Macy Gray Natalie Renée McIntyre (born September 6, 1967), known professionally as Macy Gray, is an American contemporary R&B, R&B and soul music, soul singer and actress. She is known for her distinctive raspy voice and a singing style heavily influence ...
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Mary J. Blige Mary Jane Blige ( ; born January 11, 1971) is an American singer, songwriter, rapper, actress, and entrepreneur. Often referred to as the "Honorific nicknames in popular music, Queen of Hip-Hop Soul" and "Honorific nicknames in popular music, Qu ...
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Joss Stone Joscelyn Eve Stoker (born 11 April 1987), known professionally as Joss Stone, is an English singer, songwriter and actress. She rose to prominence in late 2003 with her multi-platinum debut album, ''The Soul Sessions'', which made the 2004 Merc ...
,
Jane's Addiction Jane's Addiction was an American Rock music, rock band formed in Los Angeles in 1985. The band's best known line-up consisted of lead vocalist Perry Farrell, bassist Eric Avery, drummer Stephen Perkins and guitarist Dave Navarro. Jane's Addicti ...
, and
Catherine Wheel Catherine wheel may refer to: * Breaking wheel, an instrument of torturous execution originally associated with Catherine of Alexandria * Catherine wheel (firework), a firework that rotates when lit Arts and entertainment * Catherine Wheel (band) ...
. He served as the director and CEO of Sanctuary Group PLC from 1986 to 2007.


Early life

Mercuriadis was born to
Greek Greek may refer to: Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group *Greek language, a branch of the Indo-European language family **Proto-Greek language, the assumed last common ancestor of all kno ...
immigrant parents in
Schefferville, Quebec Schefferville () is a town in the Provinces and territories of Canada, Canadian province of Quebec. Schefferville is in the heart of the Naskapi and Innu territory in northern Quebec, less than 2 km (1¼ miles) from the border with Labrador o ...
, Canada. His family moved to
Middleton, Nova Scotia Middleton is a town in Annapolis County, Nova Scotia, Canada. Situated on the north bank of the Annapolis River, it is located close to the centre of the Annapolis Valley, from which it gets its nickname, "The Heart of the Valley". History Whe ...
where he attended local public schools. At the age of 12, he traveled from his home town to see
Kiss A kiss is the touching or pressing of one's lips against another person, animal or object. Cultural connotations of kissing vary widely; depending on the culture and context, a kiss can express sentiments of love, passion, romance, sex ...
play in Halifax. The concert inspired him to pursue a career in the music industry.


Career


Virgin, Sanctuary Group

At 19 after bombarding his favorite label,
Virgin Records Virgin Records is a British record label owned by Universal Music Group. They were originally founded as a British independent record label in 1972 by entrepreneurs Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman (musician), ...
, with letters Mercuriadis was hired as a marketing director at Virgin Canada. With Virgin thriving, he moved to the UK office, where his position was expanded to include A&R. In addition to working on records by
UB40 UB40 are an English reggae band, formed in December 1978 in Birmingham, England. The band has had more than 50 singles in the UK Singles Chart and has also achieved considerable international success. They have been nominated for the Grammy ...
,
The Human League The Human League are an English synth-pop band formed in Sheffield in 1977. Initially an experimental electronic music, electronic outfit, the group signed to Virgin Records in 1979 and later attained widespread commercial success with their t ...
and
XTC XTC were an English rock band formed in Swindon in 1972. Fronted by songwriters Andy Partridge (vocals, guitars) and Colin Moulding (vocals, bass), the band gained popularity during the rise of punk and new wave in the 1970s, later playing ...
, Mercuriadis was involved with signing
Mary Margaret O'Hara Mary Margaret O'Hara is a Canadian singer-songwriter, actress and composer. She is best known for the album ''Miss America'', released in 1988. She released two albums and an EP under her own name, and remains active as a live performer, as a con ...
. Her debut album, ''
Miss America Miss America is an annual competition that is open to women from the United States between the ages of 18 and 28. Originating in 1921 as a "bathing beauty revue", the contest is judged on competition segments with scoring percentages: ''Priva ...
'' was released five years after she was signed, and although the album was praised, Mercuriadis found the process of representing the label, rather than the artist, difficult. Realizing that his passion was for musicians—not labels—he left Virgin shortly after the record's release. In October 1986, Mercuriadis joined
Rod Smallwood Roderick Charles Smallwood (born 17 February 1950) is an English music manager, best known as the co-manager of the English heavy metal band Iron Maiden. With his business partner, Andy Taylor, whom he met while studying at Trinity College, Cam ...
and Andy Taylor, the founders, at Sanctuary Music (Overseas) Limited, a management company based in the United Kingdom. Over his 20 year tenure, the Sanctuary Group PLC expanded to encompass Sanctuary Artist Management,
Sanctuary Records Group Sanctuary Records Group Limited was a record label based in the United Kingdom and is, as of 2013, a subsidiary of BMG Rights Management solely for reissues. Until June 2007, it was the largest independent record label in the UK and the largest ...
Limited,
Rough Trade Records Rough Trade Records is an independent record label based in London, England. It was formed in 1976 by Geoff Travis, who had opened a record store off Ladbroke Grove. It is currently run by co-managing directors Travis and Jeannette Lee and ...
, Helter Skelter Agency and Bravado Merchandise, Twenty First Artists and Trinifold Management. In 2000, Mercuriadis moved from London to New York to build the North American company. In addition Mercuriadis and Sanctuary Group relaunched Rough Trade Records with founder
Geoff Travis Geoff Travis (born 2 February 1952) is the founder of both Rough Trade Records and the Rough Trade chain of record shops. A former drama teacher and owner of a punk record shop, Travis founded the Rough Trade label in 1976. Biography Travis wa ...
and
Jeannette Lee Jeannette Lee is a British music record executive, music manager, filmmaker and former musician. A retail worker at the Acme Attractions store that, along with the SEX boutique run by Malcolm McLaren and Vivienne Westwood, was instrumenta ...
in 2001. RTR included several artists such as The Strokes, The Moldy Peaches, The Libertines, Arcade Fire, Antony and the Johnsons, and The Kills. In New York Mercuriadis served as chief executive officer of Sanctuary Group North America until December 2004. Sanctuary reorganized its management team and named Mercuriadis CEO of the entire group for his substantial contribution in the global revenues overseas. During his tenure at Sanctuary Group, Mercuriadis oversaw the management of
Destiny's Child Destiny's Child was an American girl group whose final lineup comprised Beyoncé, Beyoncé Knowles, Kelly Rowland, and Michelle Williams (singer), Michelle Williams. The group began their musical career as Girl's Tyme, formed in 1990 in Hou ...
,
Beyoncé Beyoncé Giselle Knowles-Carter ( ; born September 4, 1981) is an American singer, songwriter, actress, and businesswoman. With a career spanning over three decades, she has established herself as one of the most Cultural impact of Beyoncé, ...
,
Nelly Cornell Iral Haynes Jr. (born November 2, 1974), better known by his stage name Nelly, is an American rapper, singer, and actor. He grew up in St. Louis, Missouri, and embarked on his musical career in 1993 as a member of the Midwest hip hop g ...
,
Mick Fleetwood Michael John Kells Fleetwood (born 24 June 1947) is a British musician, songwriter and actor. He is the drummer, co-founder, and leader of the rock band Fleetwood Mac. Fleetwood, whose surname was merged with that of the group's bassist John Mc ...
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Tommy Lee Thomas Lee (born Thomas Lee Bass; October 3, 1962) is an American musician who co-founded and plays drums for the heavy metal band Mötley Crüe. He also founded rap metal band Methods of Mayhem and has pursued solo musical projects. Early ...
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The Who The Who are an English Rock music, rock band formed in London in 1964. Their classic lineup (1964–1978) consisted of lead vocalist Roger Daltrey, guitarist Pete Townshend, bassist John Entwistle and drummer Keith Moon. Considered one of th ...
, and
Robert Plant Robert Anthony Plant (born 20 August 1948) is an English singer and songwriter. He was the lead singer and lyricist of the rock band Led Zeppelin from its founding in 1968 until their breakup in 1980. Since then, he has had a successful solo ca ...
. He also managed the recordings of
Megadeth Megadeth is an American thrash metal band formed in Los Angeles in 1983 by vocalist and guitarist Dave Mustaine. Known for their technically complex guitar work and musicianship, Megadeth is one of the "big four" of American thrash metal—alo ...
,
Kiss A kiss is the touching or pressing of one's lips against another person, animal or object. Cultural connotations of kissing vary widely; depending on the culture and context, a kiss can express sentiments of love, passion, romance, sex ...
,
Gene Simmons Gene Simmons (born Chaim Witz; ; born August 25, 1949) also known by his stage persona "The Demon", is an Israeli-born American musician. He was the bassist and co-lead singer of the hard rock band Kiss (band), Kiss, which he co-founded wit ...
,
Paul Stanley Paul Stanley (born Stanley Bert Eisen; January 20, 1952) is an American musician who was the co-founder, frontman, rhythm guitarist, and co-lead vocalist of the hard rock band Kiss (band), Kiss from the band's inception in 1973 to their retireme ...
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Lynyrd Skynyrd Lynyrd Skynyrd (, ) is an American Rock music, rock band formed in Jacksonville, Florida in 1964. The group originally formed as My Backyard and comprised Ronnie Van Zant (vocals), Gary Rossington (guitar), Allen Collins (guitar), Larry Junstrom ...
,
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,
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,
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and
Lou Reed Lewis Allan Reed (March 2, 1942October 27, 2013) was an American musician and songwriter. He was the guitarist, singer, and principal songwriter for the rock band the Velvet Underground and had a solo career that spanned five decades. Althoug ...
. He was recognized for his creative marketing strategies, contributing to the success of Morrisey's ''
Ringleader of the Tormentors ''Ringleader of the Tormentors'' is the eighth studio album by English alternative rock singer Morrissey. It was released on 3 April 2006 by record label Attack. The album was described as showcasing "a thicker, more rock-driven sound", which M ...
''—a #1 album—and ''
You Are the Quarry ''You Are the Quarry'' is the seventh solo studio album by English singer-songwriter Morrissey. It was released on 17 May 2004 by record label Attack, and was his first album in seven years following 1997's ''Maladjusted''. The album was a huge ...
'', which hit #2. He worked on the #1 success of "
Changes Changes may refer to: Books * '' Changes: A Love Story'', 1991 novel by Ama Ata Aidoo * ''Changes'' (The Dresden Files) (2010), the 12th novel in Jim Butcher's ''The Dresden Files'' Series * ''Changes'', a 1983 novel by Danielle Steel * ''Chan ...
" with Ozzy and
Kelly Osbourne Kelly Michelle Lee Osbourne (born on October 27 1984) is an English television personality, singer, actress, and fashion designer. She is a daughter of Ozzy Osbourne, Ozzy and Sharon Osbourne, and came to prominence while appearing on the reali ...
, " Elton John's Electricity", Antony and the Johnsons' Mercury Music Prize-winning ''
I Am a Bird Now ''I Am a Bird Now'' is the second studio album by Anohni's band Antony and the Johnsons, released on February 1, 2005, by Secretly Canadian. After it won the 2005 Mercury Prize, the record shot up the UK albums chart from #135 to #16 in one wee ...
'', and several #1 Iron Maiden albums. In 2005, Mercuriadis was featured on the cover of ''
Billboard A billboard (also called a hoarding in the UK and many other parts of the world) is a large outdoor advertising structure (a billing board), typically found in high-traffic areas such as alongside busy roads. Billboards present large advertis ...
'' magazine with Elton John. He delivered the keynote speech at the ''
Pollstar ''Pollstar'' is a trade publication for the concert and live music industry. The publication was purchased by Oak View Group, a venue consultancy founded by Tim Leiweke and Irving Azoff, in July 2017. ''Pollstar'' holds an annual award ce ...
'' CIC awards in 2005. In a 2017 article published by ''Music Business International'' Mercuriadis wrote: "Our job as managers isn’t to do what we want to do, it’s to do what the artist wants to do. Our job is to facilitate their vision for themselves and to help bring it to fruition." Mercuriadis resigned from Sanctuary Music Group on October 31, 2006. He continued to manage Guns N' Roses and Morrissey. He worked with Guns N' Roses over several years, during which their much-anticipated and much-delayed album, ''
Chinese Democracy ''Chinese Democracy'' is the sixth studio album by the American hard rock band Guns N' Roses, released on November 23, 2008, by Black Frog and Geffen Records. It was the first Guns N' Roses studio album since the 1993 covers album ''"The Spagh ...
,'' was released. He also oversaw Morrissey albums including ''
You Are the Quarry ''You Are the Quarry'' is the seventh solo studio album by English singer-songwriter Morrissey. It was released on 17 May 2004 by record label Attack, and was his first album in seven years following 1997's ''Maladjusted''. The album was a huge ...
, First of the Gang to Die,
Ringleader of the Tormentors ''Ringleader of the Tormentors'' is the eighth studio album by English alternative rock singer Morrissey. It was released on 3 April 2006 by record label Attack. The album was described as showcasing "a thicker, more rock-driven sound", which M ...
'', and ''
Greatest Hits A greatest hits album or best-of album is a type of compilation album that collects popular and commercially successful songs by a particular artist or band. While greatest hits albums are typically supported by the artist, they can also be creat ...
''. His work with Morrissey resulted in ten top 20 singles.


Hipgnosis Songs Fund

Mercuriadis is the founder of
Hipgnosis Songs Fund Recognition Music Group, formerly Hipgnosis Songs Fund Limited, is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018. Focused on songs and associated musical int ...
Limited, a music IP investment company. In a 2019 interview with the journal ''Thought Economics'', he said: "I have always believed that hit songs and music, art in general, has real value to it. What people don’t really recognise is that when a song becomes a proven song, the earnings pattern to it becomes very predictable and reliable, and is therefore investable. And these songs are as valuable as gold, or oil." He later said "In the music business, without the song we don’t exist – it’s the energy that makes the world go round." The company raised more than US$300 million to fund the acquisition of copyrights in June 2018, and began trading on the London Stock Exchange as SONG in July. Its first acquisition was a majority stake in The-Dream's 302-song catalogue, which included hits such as Justin Bieber's "
Baby In common terminology, a baby is the very young offspring of adult human beings, while infant (from the Latin word ''infans'', meaning 'baby' or 'child') is a formal or specialised synonym. The terms may also be used to refer to Juvenile (orga ...
", Beyonce's "
Single Ladies (Put a Ring on It) "Single Ladies (Put a Ring on It)" is a song by American singer Beyoncé from her third studio album, '' I Am... Sasha Fierce'' (2008). Columbia Records released "Single Ladies" as a single on October 8, 2008, as a double A-side alongside " If I ...
" and Rihanna's "
Umbrella An umbrella or parasol is a folding canopy supported by wooden or metal ribs that is mounted on a wooden, metal, or plastic pole. It is usually designed to protect a person against rain. The term ''umbrella'' is traditionally used when protec ...
." At the close of its first full year as a publicly traded company, its catalogue totaled more than 5,000 songs; of those, approximately 2,000 had been #1 hits somewhere in the world, and 4,000 had reached the Top 10. Five songs co-owned by Hipgnosis Songs Fund appeared in the Top 10 on the ''Billboard'' Hot 100 of the decade chart. In October 2021, the
Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman ...
announced a partnership with Hipgnosis Song Management backed by an initial $1 billion in funds managed by Blackstone. It also acquired an ownership stake in Hipgnosis Song Management. In 2022, among other acquisitions, Hipgnosis Song Management acquired 100% of the
Justin Timberlake Justin Randall Timberlake (born January 31, 1981) is an American singer, songwriter, actor, record producer, and dancer. Dubbed the "Honorific nicknames in popular music, Prince of Pop", ''Billboard (magazine), Billboard'' honored him as the b ...
catalogue, 80% of Kenny Chesney's catalogue, and all of the 278 songs written by
Leonard Cohen Leonard Norman Cohen (September 21, 1934November 7, 2016) was a Canadian songwriter, singer, poet, and novelist. Themes commonly explored throughout his work include faith and mortality, isolation and depression, betrayal and redemption, soc ...
. As of July 2022, Hipgnosis Songs Fund owned 65,000 songs with a fair value of $2.7 billion. In January 2023, Hipgnosis Songs Management acquired Justin Bieber's entire back catalog of more than 290 songs. Hipgnosis Songs Fund submitted written evidence for the
Department for Digital, Culture, Media and Sport The Department for Culture, Media and Sport (DCMS) is a ministerial department of the Government of the United Kingdom. It holds the responsibility for culture and sport, and some aspects of the media throughout the UK, such as broadcasting. I ...
's December 2020 inquiry into the economics of streaming. In an interview with ''Music Week'', Mercuriadis stated: “Once they peel away the layers of that onion, what they’re going to get into is investigating the business practices of the major labels and the publishing companies that they own and control. The reason songwriters are not being paid what they should be getting paid is that the three biggest publishing companies are not advocating for songwriters, because they’re owned by the three biggest recorded music companies in the world.”


See also

*
Royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or ...


References


External links

* {{DEFAULTSORT:Mercuriadis, Merck 1963 births Canadian people of Greek descent British people of Greek descent British music industry executives British music managers British record producers Canadian music industry executives Canadian music managers Canadian record producers Living people Music promoters People from Côte-Nord