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Young, 75, famed for songs including "Heart Of
Gold", "Rocking In The Free World" and "Devil's Sidewalk", has
released over 50 studio albums and 20 live albums, of which
seven went platinum and three multi-platinum.
"I bought my first Neil Young album aged seven," said Hipgnosis
founder Merck Mercuriadis, saying the latest in a series of such
rights deals would change his company for ever.
"'Harvest' was my companion and I know every note, every word,
every pause and silence intimately. Neil Young, or at least his
music, has been my friend and constant ever since," he added.
The deal is the third that Hipgnosis, listed on the stock market
in 2018, has struck this week after agreements with Fleetwood
Mac guitarist Lindsey Buckingham on Tuesday and record producer
Jimmy Iovine on Monday.
It follows the sale last month of Bob Dylan's entire back
catalogue to Universal Music Group.
The rise of streaming services means artists such as Dylan and
Young are able to reach an ever-expanding audience of fans from
a younger generation.
Financial details of the Young deal were not disclosed.
Mercuriadis, a former music manager, said: "We will work
together to make sure everyone gets to hear them (the songs) on
Neil's terms."
Last month, Young ended his lawsuit against U.S. President
Donald Trump's campaign for playing of two of his songs at
campaign rallies without permission.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Keith
Weir and Jan Harvey)
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