Hipgnosis Songs announced Monday that the firm has acquired a 50 percent stake in the copyright and writers share in the catalog of RZA, per Billboard. The catalog is comprised of 814 songs, and includes nearly every track from the Wu-Tang Clan, which were primarily produced by RZA. Continue reading RZA Sells 50 Percent Stake in Catalog to Hipgnosis Songs
Remember when Verizon bought out AOL (Engadget’s parent brand) last year? Then get ready for deja vu: the communications giant is reportedly in closing talks to purchase Yahoo later this year. Sources familiar with the deal have told Bloomberg and ReCode that Verizon is offering almost $5 billion to take over Yahoo’s core business and real estate holdings. The deal still isn’t finalized, but sources say it’s close. That’s good news for Tim Armstrong, who’s been hoping to use the buyout to expand the AOL userbase from 700 million to almost two billion.