After years of refusing his songs to even be played in ads, Neil Young has sold 50% of his song catalog to Hipgnosis Songs in a deal that could have valued the catalog at between $90 million and $105 million.
A statement included in Wednesday’s announcement (Jan. 6) tallied some 1,180 songs in Young’s catalog from his five decades-spanning career that he recorded on his own and with bands such as Buffalo Springfield, Crosby, Stills, Nash & Young and Crazy Horse. Of those 1,000-plus songs, “Heart of Gold” stands out as the 75-year-old hitmaker’s one and only solo No. 1 hit on the Billboard Hot 100, and it managed the feat in in 1972.
