Hipgnosis Songs Fund has acquired L.A. Reid's music catalog and appointed the iconic, Grammy-winning music figure to its advisory board.
“L.A. Reid has become so successful as a music executive and developer of some of the most important artists in music over the last 30 years that people often forget that he is an incomparable songwriter and the work he and Babyface did together defines R&B as we know it today,” comments Merck Mercuriadis, founder of Hipgnosis Songs Fund Limited and The Family Limited.
A giant of the U.S. record industry, Reid's songwriting and production successes include Boyz II Men's two-time Grammy winning smash “End of the Road,” plus hits with Whitney Houston, Bobby Brown and many more.
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