Kiwi music producer and songwriter Joel Little has become the latest musician to part ways with their music ownership, selling his lucrative song catalogue to Hipgnosis Songs Fund. 

Known in NZ for his career-launching work with Lorde, and more recently associated with other big name acts including Taylor Swift and Imagine Dragons, Reuters report that Little’s catalogue totals 178 songs. Over the last few years those songs have earned revenue of close to $10 million.

Hipgnosis Songs Fund is a UK company that buys catalogues directly from artists. People can invest in the songs in much the same way as you can with shares. Hipgnosis Founder Merck Mercuriadis described Little as “…one of the most important songwriters in the world today.”

“Hipgnosis have big plans and I’m very excited to see how far they can champion the cause for all songwriters in the coming years,” Little told Reuters.