News about Nile Rodgers

EDEN CONFIDENTIAL: It was Britain's most lavish golden wedding party. Boris Johnson's wife, Carrie, 36, and pop star Ellie Goulding, 37, were among those to slip on a pair of flares for the 50th anniversary celebrations for JCB billionaire Lord (Anthony) Bamford and his wife, Carole, who created the Daylesford organic food empire. Guests passed by the Tory donor's collection of Ferraris and Porsches which were parked in the drive of the couple's Daylesford estate in Gloucestershire. Seven hundred guests including Princess Beatrice and her husband, Edoardo Mapelli Mozzi , Lord (David) Cameron and Dame Joan Collins were entertained by Sir Van Morrison and disco legend Nile Rodgers. The theme was 1974 - when the Bamfords wed. Their younger son, George, told guests he returned home one evening to find his parents singing and dancing to I'm Too Sexy, by Right Said Fred.

Blackstone upped its offer to 103p a share - valuing the music group, which owns the rights to catalogues from the likes of Beyonce (pictured) and Blondie, at £1.25bn. This was slightly above the 102p a share the New York-based group agreed to pay in April.

Blackstone has increased the value of its Hipgnosis Songs Fund takeover by $0.01 a share, following discussions with the music rights investor's board. The improved offer gives the deal to delist Hipgnosis, which had already been agreed by the two groups, a value of $1.31 per share - or $1.58billion (£1.27billion).

Concord, which is indirectly controlled by Alchemy Copyrights, said its $1.25 (£1) per share bid valuing Hipgnosis at £1.21billion would not go any higher. The group agreed to buy Hipgnosis for £1.1billion last month, backed by financing from private equity giant Apollo Global Management. However, a few days later, a bidding war erupted when asset manager Blackstone came forward with a £1.2billion offer after reportedly having three prior proposals turned down.

As the City is gripped by a wave of takeover activity, the FTSE 250 group accepted a 104p a share bid from Blackstone. That was more than the 99p a share Blackstone proposed last week and eclipsed two rival offers from US music fund Concord. Hipgnosis -founded by Merck Mercuriadis and Chic funk guitarist Nile Rodgers (pictured) - is  the latest London-listed company to be targeted by a foreign buyer.

The music rights investor, which owns the back catalogues of Blondie, Shakira and the Red Hot Chili Peppers, said it agreed to a $1.30 (£1.04) per share proposal from Blackstone. It represents a 48 per cent premium to Hipgnosis's closing share price on 17 April before Concord Music, owner of the Round Hill Music Royalty Fund, put forward a £1.1billion bid for the company.

The troubled music rights trust warned on Monday that Hipgnosis Songs Fund may be responsible for the suspected personal misconduct of founder Merck Mercuriadis. After refusing to 'indemnify the company against claims that could result from his suspected misconduct, HSF told investors that it would press forward with its Supreme Court lawsuit against Mercuriadis' former chief executive.'

Hipgnosis Songs Fund (HSF) has filed a lawsuit against its investment advisor Hipgnosis Songs Management (HSM) and former CEO Merck Mercuriadis. Earlier this month, the music rights investment trust had requested indemnity from a lawsuit brought by a former Mercuriadis executive against the fund, the company's investment advisor, and a veteran industry consultant alleging that the three entities are stealing a 'business opportunity.'

A 15-year-old British Muslim convert who planned a knife terror attack at the Isle of Wight music festival was found today. According to jurors, the teen planned to attend the 2022 music festival after he 'adopted an Islamic militant mindset and became a promoter of ISIS. The 16-year-old, who was 15 at the time but could not be identified due to his age, also looked up weapons, cars, and stab vests on the internet, and finally obtained a knife by July 2022.

Hipgnosis Songs Fund (HSF), the troubled music investor, is seeking protection from the lawsuits brought against its former CEO Merck Mercuriadis. On Monday, the investment trust informed investors that it was aware of the complaint brought by a former Mercuriadis executive against the fund, its investment advisor, and a industry veteran accusing the trio of stealing a 'business opportunity.'

The former music manager will serve as chairman of Hipgnosis Songs Management, the owner of HSF's assets, which include the back catalogues of some of the world's top artists. Mercuriadis chief operating officer Ben Katovsky, who said he wants to work constructively" with the music rights fund to benefit shareholders, will be replaced by him.

The 16-year-old, who was 15 at the time, was apprehended by the FBI, but he didn't go forward with his plans because he didn't have a car to carry out the attack. The teen intended to attend the 2022 festival after he'adopted an Islamic militant outlook,' according to the court. The festival attracted over 90,000 people and featured performances from Lewis Capaldi, Nile Rodgers, and Chic, Madness, Kasabian, and Happy Mondays. Rather, the kid, who had a snapshot of Osama Bin Laden as his phone's background, hatched plans for a knife attack at an education facility. He was arrested on the day he planned to carry out the assault with a knife in his packsack, as well as notes that he was going to'slice' the throat of a teacher. The teen, a student from Isle of Wight, alleged that one teacher had drawn the face of Allah and wrote: 'You shouldn't feel safe.' I haven't forgotten the day you drew a face and said it was God.'

This week, the World Economic Forum 2024 is taking place, with world leaders and business executives meeting for discussions and events concerning the most important topics of the day. This year, the theme is 'Rebuilding Trust,' and it will be attended by 3,000 visitors. But visitors to Davos, Switzerland's tiny mountain resort town, do more than just address global conflicts, the economy, and the evolution of technology. At A-list soirées and parties, they bond and create business bridges with one another.

Nile Rodgers (right), who co-produced David Bowie's (left) album Let's Dance, as well as a having a long-running music career, claims that modern labels would never have given the British star so many chances of commercial success. Bowie, who died at the age of 69, released a string of failed songs in the beginning of his career. His 1967 debut studio album debuted at number 125 in the UK charts.

The Hipgnosis Songs Fund has been bounded by a growing crisis as a result of legal proceedings from a company that was founded by Merck Mercuriadis (pictured) once ran. A appeal by creditors' liquidators of Hipgnosis Music Limited has been filed in the High Court alleging the transfer of corporate opportunity from HML, of which Mercuriadis was previously a director, to the Hipgnosis Songs Fund.

Hipgnosis Music Limited and its investment advisor, Hipgnosis Song Management, have been accused of participating in 'a diversion of market opportunity,' from Hipgnosis Music Limited to the company and its investment advisor. Mr Mercuriadis was also aided by the company with this suspected diversion,' according to the complaint.'

After decades of dominated the American music industry, Chaka Khan and Nile Rodgers showed that they haven't lost it. The musical legends, who were performing at the Sidney Myer Music Bowl for the Melbourne International Jazz Festival on Saturday, sent fans wild. Nile, 71, with his band Chic, Kaiit, and Chaka, 70, sold their audience for six hours.

Hipgnosis, which was co-founded by Chic funk guitarist Nile Rodgers (pictured), gives investors the opportunity to profit from the royalties of tracks by well-known artists. On Monday, the company's shares fell to a record low after it scrapped its dividend, alerting that US earnings would not be as lucrative as it had hoped.

The music catalogs company revealed that it would not continue to give investors a 1.31p per share interim dividend because doing so would jeopardize its ability to adhere to debt commitments. The US Copyright Royalty Board reported in May that songwriters' and publishers' royalties would rise from 10.5 percent to 15.1 percent, respectively.

This is the dramatic moment when late, great Tony Bennett left Yankee Stadium with a stunning interpretation of 'America the Beautiful' ahead of Game 1 of the World Series in 1998. Fans reminiscing on some of his most popular times after the American crooner and jazz singer died on Friday at the age of 96. One of them was a spectacular night at Yankee Stadium in 1998, when New York native Bennett stepped out in front of a full house to perform in the World Series's first game.

Thank You For Being A Friend, by Tony Christie, has been released as a thank-you to carers who'never get mentioned.' The artist, 80, set the tone for Music For Dementia's Thank You Day project. It will feature a line-up of singers and producers, including Sting, Nile Rodgers, Graham Gouldman, and Graeme Pleeth.

As she attended the Trust Awards on Wednesday, Geri Horner was looking for a royal pardon from King Charles. She blushed her cheeks and patted his bum. The Spice Girls actress, 50, has worked with the King many times over the years and appeared excited to see him again when they shared a hug at the star-studded event. After kissing him on both cheeks, Geri even gave Charles an encouraging pep talk, telling him, "You're a very modern king."

On Sunday, the 65th annual Grammy Awards saw her make history by winning the most trophies ever - 32. Beyonce, 41, was unable to accept the coveted Best R&B song for her album Cuff It after being stranded in traffic. Actress Viola Davis, who herself became an EGOT after winning a gong at the ceremony, took to the stage to announce the nominees before naming Beyonce as the winner.

After winning three more trophies at the 65th Annual Awards on Sunday, Beyoncé looked dazzling as she posed with her latest Grammy awards. The 41-year-old beauty, who made history by becoming the most Grammy Award-winning artist ever, now has 32 wins under her belt and a whopping 88 nominations. She put on a lavish display in an elaborate custom Balmain sleeved dress with a sculptural neckline, posting on Instagram after the ceremony.