Fleetwood Mac’s Christine McVie sells her 115-song catalog to Hipgnosis

Fleetwood Mac’s Christine McVie has sold her 115-title song catalog, including hits such as 'Don’t Stop', 'You Make Loving Fun', 'Over My Head', 'Songbird', and 'Say You Love Me', to Hipgnosis, Music Business Worldwide reports. McVie first joined Fleetwood Mac in 1970 helping them become one of the most commercially successful music artists of the past 50 years, with the Grammy-winning 1977 album 'Rumours' selling more than 45 million copies worldwide. Hipgnosis has spent more than $2 billion in three years acquiring rights to a vast number of popular songs. Hipgnosis’s filings reveal that McVie's 115 songs acquired in the deal generated $1.7 million in 2020, $1.72m in 2019 and $1.58m in 2018. Hipgnosis usually pays an average multiple of 15 times the annual income, which would bring the price to McVie's songs to approx. $100 million.