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Hipgnosis Songs Fund Limited is a British Guernsey-registered music IP investment and song management company founded by Merck Mercuriadis and Nile Rodgers in 2018. Focused on songs and associated musical intellectual property rights, it was founded on the premise that hit songs are long-term predictable assets unaffected by economic cycles that will increase in value as the worldwide music streaming market grows. In addition to acquiring songs and songwriter catalogues, the company manages the playlist , cover , interpolation , and synchronization revenues of its IP.

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154-511: Hipgnosis Songs Fund has raised £1.052 billion to fund acquisitions since it was established in 2018. At the close of its first full year as a publicly traded company, its catalogue contained more than 5,000 songs; of those approximately 2,000 had been No. 1 hits somewhere in the world, and 4,000 had reached the Top 10. Five songs that are co-owned by HSF appeared in the Top 10 on the Billboard Hot 100 of

308-723: A Grammy Award for Best Song Written for a Motion Picture, Television or Other Visual Media . Madonna starred in the 2000 comedy-drama film The Next Best Thing , directed by John Schlesinger . The film opened at number two on the US box office with $ 5.9 million grossed in its first week, but this quickly diminished. She also contributed two songs to the film's soundtrack—a cover of Don McLean 's 1971 song " American Pie " and an original song "Time Stood Still"—the former became her ninth UK number-one single. Madonna released her eighth studio album, Music , in September 2000. It featured elements from

462-408: A V-2 rocket . Nonetheless, trading continued in the house's basement. After decades of uncertain if not turbulent times, stock market business boomed in the late 1950s. This spurred multiple officials to find new, more suitable accommodation. The work on the new Stock Exchange Tower began in 1967. The Exchange's new 321 feet (98 metres) high building had 26 storeys with council and administration at

616-580: A board of directors drawn from the Exchange's executive, customer, and user base; and the trading name became "The London Stock Exchange". The FTSE 100 Index (pronounced "Footsie 100") was launched by a partnership of the Financial Times and the Stock Exchange on 3 January 1984. This turned out to be one of the most useful indices of all, and tracked the movements of the 100 leading companies listed on

770-545: A cameo role , described by Peter Bradshaw from The Guardian as "incredibly wooden". The song reached number eight on the Billboard Hot 100 and was nominated for both a Golden Globe Award for Best Original Song and a Golden Raspberry Award for Worst Original Song . In 2003, Madonna collaborated with fashion photographer Steven Klein for an exhibition installation named X-STaTIC Pro=CeSS, which ran from March to May in New York's Deitch Projects gallery, and also travelled

924-431: A Dance Floor (2005). She has amassed a catalog of various high-charting songs, including " Holiday ", " Like a Virgin ", " La Isla Bonita ", " Like a Prayer ", " Vogue ", " Take a Bow ", " Frozen ", " Music ", " Hung Up " and " 4 Minutes ". Madonna's popularity was enhanced by roles in films such as Desperately Seeking Susan (1985), Dick Tracy (1990), A League of Their Own (1992) and Evita (1996). While

1078-404: A February 2019 interview: "Nile [Rodgers] and I, one day, just started riffing off of these ideas of how do we change this system, how do we change what’s going on today where the songwriter–who provides the most important component in an artist having success–is the lowest person on the totem pole?" Mercuriadis believed that a rights and song management company with substantial assets could change

1232-458: A Prayer ", the lead single and title track from her fourth studio album . The music video featured Catholic symbols such as stigmata and cross burning , and a dream of making love to a saint, leading the Vatican to condemn the video. Religious groups sought to ban the commercial and boycott Pepsi products. Pepsi revoked the commercial and canceled her sponsorship contract. "Like a Prayer" topped

1386-512: A Public Service Announcement (PSA) supporting Rock the Vote 's efforts in voter registration. Madonna's first greatest-hits compilation album , The Immaculate Collection (1990), was released in November including two new songs, " Justify My Love " and " Rescue Me ". The album was certified diamond by RIAA and sold over 30 million copies worldwide, becoming the best-selling compilation album by

1540-428: A Virgin", during which two male dancers caressed her body before she simulated masturbation. In response, Madonna said, "The tour in no way hurts anybody's sentiments. It's for open minds and gets them to see sexuality in a different way. Their own and others". The live recording of the tour won Madonna her first Grammy Award , in the category of Best Long Form Music Video . In October 1990, Madonna lent her voice to

1694-672: A career in dance. Madonna later attended Rochester Adams High School and became a straight-A student as well as a member of its cheerleading squad. After graduating in January 1976, she received a dance scholarship to the University of Michigan and studied over the summer at the American Dance Festival in Durham, North Carolina . In 1978, Madonna dropped out of college and relocated to New York City. She said of her move to New York, "It

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1848-668: A child, both in the same year. She had reached another turning point in her career, reinventing herself and her image with the public." Her relationship with Carlos Leon ended in May 1997 and she declared that they were "better off as best friends". After Lourdes's birth, Madonna became involved in Eastern mysticism and Kabbalah , introduced to her by actress Sandra Bernhard . Her seventh studio album, Ray of Light , (1998) reflected this change in her perception and image. She collaborated with electronica producer William Orbit and wanted to create

2002-572: A clause preventing "unchartered" companies from forming. After the Seven Years' War (1756–1763), trade at Jonathan's Coffee House boomed again. In 1773, Jonathan, together with 150 other brokers, formed a club and opened a new and more formal "Stock Exchange" in Sweeting's Alley. This now had a set entrance fee, by which traders could enter the stock room and trade securities. It was, however, not an exclusive location for trading, as trading also occurred in

2156-597: A confirmation name when getting confirmed in the Catholic Church in 1966. In 1966, Tony married the family's housekeeper Joan Gustafson; they remained married for 58 years until Joan's death in 2024. They had two children, Jennifer (born 1967) and Mario (born 1968). Madonna attended St. Frederick's and St. Andrew's Catholic Elementary Schools, and West Middle School. She was known for her high grade point average (GPA) and achieved notoriety for her unconventional behavior. Madonna would perform cartwheels and handstands in

2310-689: A cover of Marvin Gaye 's " I Want You ". An enthusiastic collector of modern art , Madonna sponsored the first major retrospective of Tina Modotti 's work at the Philadelphia Museum of Art in 1995. The following year, she sponsored an exhibition of Basquiat's paintings at the Serpentine Gallery in London. The following year, she sponsored artist Cindy Sherman 's retrospective at the MoMA in New York. This

2464-472: A documentary on the problems faced by Malawians; it was directed by Nathan Rissman, who worked as Madonna's gardener. She also directed her first film, Filth and Wisdom . The plot of the film revolved around three friends and their aspirations. The Times said she had "done herself proud" while The Daily Telegraph described the film as "not an entirely unpromising first effort [but] Madonna would do well to hang on to her day job." On March 10, 2008, Madonna

2618-477: A drummer, guitarist, and vocalist in the rock bands Breakfast Club and Emmy & The Emmys, she rose to solo stardom with her 1983 eponymous debut studio album . Madonna followed it with a series of successful albums , including all-time bestsellers Like a Virgin (1984), True Blue (1986), and The Immaculate Collection (1990), the critically acclaimed Like a Prayer (1989), as well as Grammy Award winners Ray of Light (1998) and Confessions on

2772-738: A giant wedding cake and then rolled around suggestively on the floor. MTV retrospectively considered it one of the "most iconic" pop performances of all time. The second single, " Material Girl ", reached number two on the Hot 100. While filming the single's music video, Madonna started dating actor Sean Penn . They married on her birthday in 1985. Madonna entered mainstream films in February 1985, beginning with her cameo in Vision Quest . The soundtrack contained two new singles, her US number-one single, " Crazy for You ", and another track " Gambler ". She also played

2926-525: A global audience of 1.2 million and grossed over $ 193.7 million, becoming the highest-grossing tour to that date for a female artist. Madonna used religious symbols, such as the crucifix and Crown of Thorns , in the performance of "Live to Tell". It caused the Russian Orthodox Church and the Federation of Jewish Communities of Russia to urge all their members to boycott her concert. At

3080-430: A kaleidoscopic rush of color, technique, style and substance. It has so many depth and layers that it's easily as self-aware and earnest as Ray of Light ." The album took the number-one position in more than 20 countries worldwide and sold four million copies in the first ten days. In the US, Music debuted at the top, and became her first number-one album in eleven years since Like a Prayer . It produced three singles:

3234-403: A lot to get off my chest. I made a lot of political statements. But now, I feel that I just want to have fun; I want to dance; I want to feel buoyant. And I want to give other people the same feeling. There's a lot of madness in the world around us, and I want people to be happy. —Madonna talking about Confessions on a Dance Floor . Her tenth studio album, Confessions on a Dance Floor ,

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3388-563: A meeting with Madonna and Seymour Stein , the president of Sire Records , a subsidiary of Warner Bros. Records . Madonna signed a deal for a total of three singles, with an option for an album. Kamins produced her debut single, " Everybody ", which was released in October 1982. In December 1982, Madonna performed the song live for the first time at Danceteria. She made her first television appearance performing "Everybody" on Dancin' On Air in January 1983, although it had actually been filmed

3542-592: A month prior. In February 1983, she promoted the single with nightclub performances in the United Kingdom. Her second single, the double A-side " Burning Up " / " Physical Attraction ", was released in March 1983. Both this single and "Everybody" reached number three on Billboard magazine's Hot Dance Club Songs chart. "Burning Up" / "Physical Attraction" also charted at number 13 in Australia. During this period, Madonna

3696-408: A new tranche of ordinary shares to raise £190 million, saying that the capital would be used to acquire 50 catalogues that it had identified and exclusively secured. The target of £190 million was reached in 72 hours, raising the fund's total to £1,052 bn, £392m of which was raised in two months. Hipgnosis Songs Fund acquired 100% of the 162-song LA Reid catalogue in October 2020. Reid also joined

3850-533: A new tranche of class C shares . On July 7, following the release of its FY2020 annual report—which disclosed that Hipgnosis had generated £65.661 million in revenue during its 2020 fiscal year—the company's market capitalisation hit an all-time high of nearly £1 billion. Hipgnosis exceeded its July 2020 fundraising goal of £200 million after its new share placing was oversubscribed. The company raised £236.4 million, its largest equity amount, bringing Hipgnosis' total to more than £862 million. It subsequently acquired

4004-635: A number of nude photos of Madonna, taken when she moonlighted as an art model in 1978. She had posed for the photographs because she needed money at the time, and was paid as little as $ 25 a session. The publication of the photos caused a media uproar, but Madonna remained "unapologetic and defiant". The photographs were ultimately sold for up to $ 100,000. She referred to these events at the 1985 outdoor Live Aid charity concert, saying that she would not take her jacket off because "[the media] might hold it against me ten years from now." In June 1986, Madonna released her third studio album, True Blue , which

4158-610: A place in Guinness World Records . The song contained a sample of ABBA 's " Gimme! Gimme! Gimme! (A Man After Midnight) ", only the second time that ABBA has allowed their work to be used. ABBA songwriter Björn Ulvaeus remarked "It is a wonderful track—100 per cent solid pop music." " Sorry ", the second single, became Madonna's twelfth number-one single in the UK. Madonna embarked on the Confessions Tour in May 2006, which had

4312-529: A production of David Rabe 's Goose and Tom-Tom ; the film and play both co-starred Penn. The next year, Madonna was featured in the film Who's That Girl . She contributed four songs to its soundtrack, including the title track and " Causing a Commotion ". Madonna embarked on the Who's That Girl World Tour in June 1987, which continued until September. It broke several attendance records, including over 130,000 people in

4466-403: A regulated stock market, which had teething problems in the shape of unlicensed brokers. In order to regulate these, Parliament passed an Act in 1697 that levied heavy penalties, both financial and physical, on those brokering without a licence. It also set a fixed number of brokers (at 100), but this was later increased as the size of the trade grew. This limit led to several problems, one of which

4620-544: A relief to say that Evita is pretty damn fine, well cast and handsomely visualized. Madonna once again confounds our expectations." For the role, she won the Golden Globe Award for Best Actress in Motion Picture Musical or Comedy . The Evita soundtrack , containing songs mostly performed by Madonna, was released as a double album . It included " You Must Love Me " and " Don't Cry for Me Argentina ";

4774-463: A separate fund owned by The Blackstone Group known as Hipgnosis Songs Capital in April. In October 2023, Hipgnosis Songs Group CEO Kenny MacPherson was placed on leave due to a lawsuit accusing him of sexual assault and battery by a former colleague, stemming from his time at Chrysalis Music . In April 2024, Blackstone made a $ 1.57 billion offer, outbidding Concord , to takeover Hipgnosis. The acquisition

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4928-460: A show near Paris, which was then a record for the highest-attended female concert of all time . Later that year, she released a remix album of past hits, You Can Dance , which reached number 14 on the Billboard 200. After a tumultuous two years' marriage, Madonna filed for divorce from Penn on December 4, 1987, but withdrew the petition a few weeks later. She made her Broadway debut in

5082-511: A singer-songwriter, really. And William Orbit provided her with that." The album garnered critical acclaim, with Slant Magazine calling it "one of the great pop masterpieces of the '90s" Ray of Light was honored with four Grammy Awards —including Best Pop Album and Best Dance Recording —and was nominated for both Album of the Year and Record of the Year . Rolling Stone listed it among " The 500 Greatest Albums of All Time ". Commercially,

5236-431: A softer image to try to improve the public perception. The album debuted at number three on the Billboard 200 and generated two US top-five hits, " Secret " and " Take a Bow ", the latter topping the Hot 100 for seven weeks, the longest period of any Madonna single. Something to Remember , a collection of ballads, was released in November 1995. The album featured three new songs: " You'll See ", " One More Chance ", and

5390-467: A solo artist in history. "Justify My Love" reached number one in the US becoming her ninth number-one on the Hot 100. Her then-boyfriend model Tony Ward co-starred in the music video, which featured scenes of sadomasochism , bondage , same-sex kissing, and brief nudity. The video was deemed too sexually explicit for MTV and was banned from the network. Her first documentary film, Truth or Dare (known as In Bed with Madonna outside North America),

5544-468: A sound that could blend dance music with pop and British rock. American music critic Ann Powers explained that what Madonna searched for with Orbit "was a kind of a lushness that she wanted for this record. Techno and rave were happening in the 90s and had a lot of different forms. There was very experimental, more hard stuff like Aphex Twin . There was party stuff like Fatboy Slim . That's not what Madonna wanted for this. She wanted something more like

5698-522: A thing I cannot do for I know what I agreed with Madonna and her husband." The adoption was finalized in May 2008. Madonna released and performed the song " Hey You " at the London Live Earth concert in July 2007. She announced her departure from Warner Bros. Records, and declared a new $ 120 million, ten-year 360 deal with Live Nation . In 2008, Madonna produced and wrote I Am Because We Are ,

5852-426: A thousand members quit the Exchange between 1914 and 1918. When peace returned in November 1918, the mood on the trading floor was generally cowed. In 1923, the Exchange received its own coat of arms , with the motto Dictum Meum Pactum , My Word is My Bond. In 1937, officials at the Exchange used their experiences from World War I to draw up plans for how to handle a new war. The main concerns included air raids and

6006-653: Is a stock exchange based in London , England. As of August 2023, the total market value of all companies trading on the LSE stood at $ 3.18 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral . Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post- Brexit exodus of stock listings from

6160-412: Is an album that is among her most adventurous and lyrically intelligent", while also condemning it as "a lazy, half-arsed effort to sound and take her seriously." The original music video of its title track caused controversy due to its violence and anti-war imagery, and was withdrawn after the 2003 invasion of Iraq started. Madonna voluntarily censored herself for the first time in her career due to

6314-544: Is classified as a Multilateral Trading Facility (MTF) under the 2004 MiFID directive, and as such it is a flexible market with a simpler admission process for companies wanting to be publicly listed. The securities available for trading on LSE: Through the Exchange's Italian arm, Borsa Italiana , the London Stock Exchange Group as a whole offers clearing and settlement services for trades through CC&G (Cassa di Compensazione e Garanzia) and Monte Titoli.

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6468-546: Is terminated. At a series of general meetings on 26 October 2023, shareholders voted to reject the proposed disposals and to remove the chairman, Andrew Sutch, immediately. Shareholders also voted overwhelmingly (83.2%) to reject proposals for the company to continue to operate as an investment trust for another five years. It was also noted that, if no agreement is reached with shareholders, the company will have to be wound down or sold. Mercuriadis said "[Yesterday’s] Hipgnosis Songs Fund AGM marks an opportunity to reset and focus on

6622-665: Is the Groups Central Counterparty and covers multiple asset classes throughout the Italian equity, derivatives and bond markets. CC&G also clears Turquoise derivatives. Monte Titoli is the pre-settlement, settlement, custody and asset services provider of the Group. Monte Titoli operates both on-exchange and OTC trades with over 400 banks and brokers. The LSE's trading platform is its own Linux -based edition named Millennium Exchange . Their previous trading platform TradElect

6776-628: Is the role I was born to play. I put everything of me into this because it was much more than a role in a movie. It was exhilarating and intimidating at the same time. And I am prouder of Evita than anything else I have done. —Madonna talking about her role in Evita In February 1996, Madonna began filming the musical Evita in Argentina. For a long time, Madonna had desired to play Argentine political leader Eva Perón and wrote to director Alan Parker to explain why she would be perfect for

6930-526: The Billboard 200 . It yielded two top-ten singles on the Billboard Hot 100 , " Borderline " and " Lucky Star ". In late 1983, Madonna's new manager, Freddy DeMann , secured a meeting for her with film producer Jon Peters , who asked her to play the part of a club singer in the romantic drama Vision Quest . In January 1984, Madonna gained more exposure by performing on American Bandstand and Top of

7084-501: The 100 Greatest Artists of All Time , featuring an article about her written by Britney Spears. In January 2005, Madonna performed a cover version of the John Lennon song " Imagine " at Tsunami Aid . She also performed at the Live 8 benefit concert in London in July 2005. When I wrote American Life , I was very agitated by what was going on in the world around me, ... I was angry. I had

7238-496: The Alvin Ailey American Dance Theater , and eventually performing with Pearl Lang Dance Theater. She also studied dance under the tutelage of the noted American dancer and choreographer Martha Graham . Madonna started to work as a backup dancer for other established artists. One night, while returning from a rehearsal, a pair of men held her at knifepoint and forced her to perform fellatio . She later found

7392-485: The Billboard Hot 100. The 1998 edition of Guinness Book of World Records documented that "no female artist has sold more records than Madonna around the world". Madonna founded Ray of Light Foundation which focused on women, education, global development and humanitarian. She recorded the single " Beautiful Stranger " for the 1999 film Austin Powers: The Spy Who Shagged Me , which earned her

7546-680: The Breakfast Club , for which Madonna sang and played drums and guitar. While with the band, Madonna briefly worked as a hat-check girl at the Russian Tea Room, and she made her acting debut in the low-budget indie film A Certain Sacrifice , which was not released until 1985. In 1980, Madonna left the Breakfast Club with drummer Stephen Bray , who was her boyfriend in Michigan, and they formed

7700-827: The Justin Timberlake catalog, including the copyright, ownership, and financial interests of the writer's and publisher's share of public performance income. The worldwide administration rights to the compositions, subject to Timberlake's deal with Universal, expiring in 2025 were also acquired. In July 2022, Hipgnosis signed an international sub-publishing deal with Peermusic . French performance rights society SACEM agreed to collect digital royalties for Hipgnosis in Europe. In January 2023, Hipgnosis Songs Management acquired Justin Bieber 's song catalogue. David Foster sold 100% of his writer’s share of performance income for all of his songs to

7854-538: The London Stock Exchange in July 2018 and transferred to the premium segment of the main market in November 2019. It was a constituent of the FTSE 250 Index since March 2020 before being taken private by Blackstone Inc. in July 2024. Hipgnosis Songs Fund was founded by Merck Mercuriadis , who has managed artists including Elton John , Iron Maiden , Morrissey , Beyoncé , and Nile Rodgers . Mercuriadis stated in

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8008-601: The Poo Bear catalogue of 214 songs, including Justin Bieber's " What Do You Mean? " and the English language version of " Despacito "; a 37.5% stake in Chic co-founder Bernard Edwards' catalogue, which comprised 290 songs including " Everybody Dance ", " Le Freak ," " I Want Your Love " and " Good Times "; the 121-song catalogue of TMS , including " Don't Be So Hard On Yourself " for Jess Glynne , and "Wings" and "DNA" for Little Mix ; and

8162-537: The Ray of Light Foundation in 1998 and Raising Malawi in 2006, and advocates for gender equality and LGBT rights . With sales of over 300 million records worldwide, Madonna is the best-selling female recording artist of all time . She is the most successful solo artist in the history of the US Billboard Hot 100 chart and has achieved 44 number-one singles in between major global music markets . She became

8316-623: The Re-Invention World Tour in the US, Canada and Europe. It became the highest-grossing tour of 2004, earning around $ 120 million and became the subject of her documentary I'm Going to Tell You a Secret . In November 2004, she was inducted into the UK Music Hall of Fame as one of its five founding members, along with the Beatles , Elvis Presley , Bob Marley and U2 . Rolling Stone ranked her at number 36 on its special issue of

8470-427: The electronica -inspired Ray of Light era, and like its predecessor, received acclaim from critics. Collaborating with French producer Mirwais Ahmadzaï , Madonna commented: "I love to work with the weirdos that no one knows about—the people who have raw talent and who are making music unlike anyone else out there. Music is the future of sound." Stephen Thomas Erlewine from AllMusic felt that " Music blows by in

8624-515: The greatest woman in music by VH1 , and as the greatest music video artist ever by MTV and Billboard . She was also listed among Rolling Stone ' s greatest artists and greatest songwriters of all time. Madonna Louise Ciccone was born in Bay City, Michigan on August 16, 1958, to Catholic parents Madonna Louise (née Fortin) and Silvio Anthony "Tony" Ciccone. Her father's parents were Italian emigrants from Pacentro while her mother

8778-401: The "Spanish panic" hit the markets, followed by a second one two years later. By June 1853, both participating members and brokers were taking up so much space that the Exchange was now uncomfortably crowded, and continual expansion plans were taking place. Having already been extended west, east, and northwards, it was then decided the Exchange needed an entire new establishment. Thomas Allason

8932-481: The 121-song catalogue of Tricky Stewart , who co-wrote many of The-Dream's hit songs, including " Me Against the Music " (by Britney Spears and Madonna ), and Mariah Carey's " Touch My Body ." Prior to a second raise of £146.5 million in April 2019, Hipgnosis acquired the 182-song catalogue of Giorgio Tuinfort , including more than 15 UK Top 10 singles with David Guetta ; Itaal Shur (209 songs, including " Smooth "),

9086-450: The 20th and 21st centuries, the Rock and Roll Hall of Fame called her one of the most "well-documented figures of the modern age" in 2008. Various scholarly reviews, literature , and art works have been created about her along with an academic mini subdiscipline devoted to her called Madonna studies . Madonna moved to New York City in 1978 to pursue a career in dance. After performing as

9240-426: The 249-song catalogue of Johnta Austin , (" We Belong Together " by Mariah Carey, " Be Without You " by Mary J Blige ); 588 songs by Sean Garrett , including " Yeah ", Ciara's " Goodies , and " Check on It by Beyoncé; and the 245 song catalogue of Rico Love , including "" Without You " by David Guetta. In October 2019, the company acquired Timbaland 's catalogue, which included all six albums by Missy Elliott , and

9394-600: The Eighties." Like a Prayer peaked at number one on the Billboard 200 and sold 15 million copies worldwide. Other successful singles from the album were " Express Yourself " and " Cherish ", which both peaked at number two in the US, as well as the UK top-five " Dear Jessie " and the US top-ten " Keep It Together ". By the end of the 1980s, Madonna was named as the "Artist of the Decade" by MTV, Billboard and Musician magazine. Madonna starred as Breathless Mahoney in

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9548-620: The Electronic Trading Service (SETS) was launched, bringing greater speed and efficiency to the market. Next, the CREST settlement service was launched. In 2000, the LSE's shareholders voted to become a public limited company, London Stock Exchange plc. The LSE also transferred its role as the United Kingdom's listing authority to the Financial Services Authority . EDX London , an international equity derivatives business,

9702-450: The Exchange was progressively becoming an accepted part of the financial life in the city. In spite of continuous criticism from newspapers and the public, the government used the Exchange's organised market (and would most likely not have managed without it) to raise the enormous amount of money required for the wars against Napoleon. After the war and facing a booming world economy, foreign lending to countries such as Brazil, Peru and Chile

9856-575: The Exchange. On 20 July 1990, a bomb planted by the Provisional Irish Republican Army (IRA) exploded in the men's toilets behind the visitors' gallery. The area had already been evacuated and nobody was injured. About 30 minutes before the blast at 8:49 a.m., a man who said he was a member of the IRA told Reuters that a bomb had been placed at the exchange and was about to explode. Police officials said that if there had been no warning,

10010-508: The Hipgnosis advisory board. In November 2020, Hipgnosis acquired 42 catalogues from Kobalt Music Group , comprising 1,500 songwriters and 33,000 songs, for $ 322.9 million. The acquired catalogues had been owned by Kobalt Capital's first fund, including Nettwerk , 50 Cent , Skrillex , The B-52s , Enrique Iglesias , and Steve Winwood . Kobalt, which is Hipgnosis' main publishing administrator, continued to represent these catalogues as well as

10164-463: The Hot 100 chart for six consecutive weeks. It attracted the attention of conservative organizations who complained that the song and its accompanying video promoted premarital sex and undermined family values, and moralists sought to have the song and video banned. Madonna received huge media coverage for her performance of "Like a Virgin" at the first 1984 MTV Video Music Awards . Wearing a wedding dress and white gloves, Madonna appeared on stage atop

10318-467: The Hot 100 number-one " Music ", " Don't Tell Me ", and " What It Feels Like for a Girl ". The music video of "What It Feels Like for a Girl" depicted Madonna committing acts of crime and vandalism, and was banned by MTV and VH1 . Madonna met director Guy Ritchie in mid-1998, and gave birth to their son Rocco John Ritchie in Los Angeles on August 11, 2000. Rocco and Madonna suffered complications from

10472-448: The LSE merged with Borsa Italiana , creating London Stock Exchange Group (LSEG). The Group's headquarters are in Paternoster Square . Paternoster Square was the initial target for the protesters of Occupy London on 15 October 2011. Attempts to occupy the square were thwarted by police. Police sealed off the entrance to the square as it is private property, a High Court injunction having previously been granted against public access to

10626-679: The LSE: the main market and the alternative investment market. The main market is home to over 1,300 large companies from 60 countries. The FTSE 100 Index ("footsie") is the main share index of the 100 most highly capitalised British companies listed on the Main Market. The Alternative Investment Market is LSE's international market for smaller companies. A wide range of businesses including early-stage, venture capital -backed, as well as more-established companies join AIM seeking access to growth capital. The AIM

10780-568: The London Stock Exchange, the LSE was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on

10934-464: The Pops . Her image, performances and music videos influenced many young girls and women. Madonna's style became one of the female fashion trends of the 1980s . Created by stylist and jewelry designer Maripol , the look consisted of lace tops, skirts over capri pants , fishnet stockings, jewelry bearing the crucifix , bracelets and bleached hair. Madonna's popularity continued to rise globally with

11088-498: The Rotunda of the Bank of England. Fraud was also rife during these times and in order to deter such dealings, it was suggested that users of the stock room pay an increased fee. This was not met well and ultimately, the solution came in the form of annual fees and turning the Exchange into a Subscription room. The Subscription room created in 1801 was the first regulated exchange in London, but

11242-576: The UK, the film was a commercial and critical failure. In May 2002 she appeared in London in the West End play Up for Grabs at the Wyndhams Theatre (billed as 'Madonna Ritchie'), to universally bad reviews and was described as "the evening's biggest disappointment" by one. That October, she released " Die Another Day ", the title song of the James Bond film Die Another Day , in which she also had

11396-589: The Virgin Tour , with the Beastie Boys as her opening act. The tour saw the peak of Madonna wannabe phenomenon, with many female attendees dressing like her. At that time, she released two more songs, " Angel " and " Dress You Up ", making all four singles from the album peak inside the top five on the Hot 100 chart. "Angel" also topped the Australian charts. In July, Penthouse and Playboy magazines published

11550-408: The album peaked at number-one in numerous countries and sold more than 16 million copies worldwide. The album's lead single, " Frozen ", became Madonna's first single to debut at number one in the UK, while in the US, it became her sixth number-two single, setting another record for Madonna as the artist with the most number-two hits. The second single, " Ray of Light ", debuted at number five on

11704-528: The audience. In March 1994, she appeared as a guest on the Late Show with David Letterman , using profanity that required censorship on television, and handing Letterman a pair of her panties and asking him to smell it. The releases of her sexually explicit book, album, and film, and the aggressive appearance on Letterman all made critics question Madonna as a sexual renegade. Critics and fans reacted negatively, commenting that "she had gone too far" and her career

11858-594: The author of five children's books. The first of these books, titled The English Roses , was published in September 2003. The story was about four English schoolgirls and their envy and jealousy of each other. The book debuted at the top of The New York Times Best Seller list , and became the fastest-selling children's picture book of all time. Madonna donated all of its proceeds to a children's charity. The next year Madonna and Maverick sued Warner Music Group and its former parent company Time Warner, claiming that mismanagement of resources and poor bookkeeping had cost

12012-776: The band Emmy and the Emmys. They rekindled their romance and moved into the Music Building in Manhattan. The two began writing songs together and they recorded a four-song demo tape in November 1980, but soon after, Madonna decided to promote herself as a solo artiste. In March 1981, Camille Barbone, who ran Gotham Records in the Music Building, signed Madonna to a contract with Gotham and worked as her manager until February 1982. Madonna frequented nightclubs to get disc jockeys to play her demo. DJ Mark Kamins at Danceteria took an interest in her music and they began dating. Kamins arranged

12166-449: The birth due to her experiencing placenta praevia . He was christened at Dornoch Cathedral in Dornoch , Scotland, on December 21, 2000. Madonna married Ritchie the following day at nearby Skibo Castle . After an eight-year absence from touring, Madonna started her Drowned World Tour in June 2001. The tour visited cities in the US and Europe and was the highest-grossing concert tour of

12320-468: The catalogs of Jerkins, RedOne , and Barry Manilow , bringing its portfolio to approximately 13,300 songs. In August 2020, Hipgnosis's market capitalisation exceeded £1 bn. In September 2020, the company acquired the American music publisher Big Deal Music , adding 4,400 copyrights to the company's portfolio. Big Deal was renamed Hipgnosis Songs Group. Later that month Hipgnosis announced that it would issue

12474-418: The charts in many countries, becoming her seventh number-one on the Hot 100. Madonna co-wrote and co-produced the album Like a Prayer with Patrick Leonard , Stephen Bray , and Prince . Music critic J. D. Considine from Rolling Stone praised it "as close to art as pop music gets ... proof not only that Madonna should be taken seriously as an artist but that hers is one of the most compelling voices of

12628-458: The committee and Parliament , respectively. The Stock Exchange ended up being closed from the end of July until the New Year, causing street business to be introduced again, as well as the "challenge system". The Exchange was set to open again on 4 January 1915 under tedious restrictions: transactions were to be in cash only. Due to the limitations and challenges on trading brought by the war, almost

12782-499: The company millions of dollars. In return, Warner filed a countersuit alleging that Maverick had lost tens of millions of dollars on its own. The dispute was resolved when the Maverick shares, owned by Madonna and Ronnie Dashev, were purchased by Warner. Madonna and Dashev's company became a wholly-owned subsidiary of Warner Music, but Madonna was still signed to Warner under a separate recording contract. In mid-2004, Madonna embarked on

12936-677: The company was admitted to the London Stock Exchange Premium Segment of the Official List on the completion of four equity fundraises since its launch in June 2018. In January 2020, former blink-182 guitarist Tom DeLonge sold his publishing rights to Hipgnosis. In April 2020 the company acquired 70% of Mark Ronson 's catalogue. On 2 July 2020, to fund new investments to build a "pipeline of catalogs with an acquisition value of over £1bn," Hipgnosis announced that it planned to raise an additional £200 million through issuing

13090-461: The concerns for air raids were greater than ever. Eventually, on the night of 29 December 1940, one of the greatest fires in London's history took place. The Exchange's floor was hit by a clutch of incendiary bombs , which were extinguished quickly. Trading on the floor was now drastically low and most was done over the phone to reduce the possibility of injuries. The Exchange was only closed for one more day during wartime, in 1945 due to damage from

13244-404: The decade chart. In July 2020, it was reported that the Hipgnosis music rights portfolio, consisting of approximately 13,300 songs, had been independently valued at more than £760 million. As of January 2021, Hipgnosis owned or partially owned more than 57,000 songs. By December 2021, its catalogue had grown to 65,000 songs worth $ 2.55 billion. Hipgnosis Songs Fund was listed on the main market of

13398-459: The earliest evidence of organised trading in marketable securities in London. After Gresham's Royal Exchange building was destroyed in the Great Fire of London , it was rebuilt and re-established in 1669. This was a move away from coffee houses and a step towards the modern model of stock exchange. The Royal Exchange housed not only brokers but also merchants and merchandise. This was the birth of

13552-510: The existing economics of publishing for songwriters, and in 2018 building capital by offering investors pure-play exposure to songs and associated musical intellectual property rights in place, HSF was formally founded. The company was named after Hipgnosis , the art and design group founded by Storm Thorgerson and Aubrey Powell . The Family (Music) Limited, an advisory board which included Mercuriadis, Rodgers, Starrah , The-Dream, David A. Stewart , Nick Jarjour, Bill Leibowitz, and Ian Montone

13706-471: The film Dangerous Game , which was released straight to video in North America. The New York Times described the film as "angry and painful, and the pain feels real." In September 1993, Madonna embarked on The Girlie Show , in which she dressed as a whip-cracking dominatrix surrounded by topless dancers. In Puerto Rico she rubbed the island's flag between her legs on stage, resulting in outrage among

13860-441: The film Dick Tracy (1990), with Warren Beatty playing the title role. The film went to number one on the US box office for two weeks and Madonna received a Saturn Award nomination for Best Actress . To accompany the film, she released the soundtrack album, I'm Breathless , which included songs inspired by the film's 1930s setting. It also featured the US number-one song " Vogue " and " Sooner or Later ". While shooting

14014-465: The film, Madonna began a relationship with Beatty, which dissolved shortly after the premiere. In April 1990, Madonna began her Blond Ambition World Tour , which ended in August. Rolling Stone called it an "elaborately choreographed, sexually provocative extravaganza" and proclaimed it "the best tour of 1990". The tour generated strong negative reaction from religious groups for her performance of "Like

14168-508: The financial industry "and the corrosive impacts of the ... sector on the world we live in" and activists also blocked entrances to HM Treasury and the Goldman Sachs office on Fleet Street . On 3 March 2022 the LSE declared it would suspend trading in GDR securities for Russian firms, subsequent to the 2022 Russian invasion of Ukraine . There are two main markets on which companies trade on

14322-553: The financial markets in the UK in 1986. The phrase "Big Bang" was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange, as well as the change from an open outcry to electronic, screen-based trading . In 1995, the Exchange launched the Alternative Investment Market , the AIM, to allow growing companies to expand into international markets. Two years later,

14476-447: The first ever woman to accumulate US$ 1 billion in concert revenue , with six of her solo headlining tours having grossed over US$ 100 million each. Forbes has named her the world's highest-paid female musician a record 11 times across four separate decades (1980s–2010s). Madonna was inducted into the Rock and Roll Hall of Fame in 2008, her first year of eligibility. She was ranked as

14630-421: The first four studio albums by Kaiser Chiefs , and the songwriting catalogue of Jack Antonoff to its repertoire. Hipgnosis raised £49.9 million in August 2019, and an additional £233.7 million in October, bringing its "acquisition warchest" to nearly £650 million. As of October 2019, HSF holdings included more than 6000 songs, with hits from every decade since the 1950s, valued at £1.2 billion. In November 2019

14784-458: The first museum retrospective for her former boyfriend artist Jean-Michel Basquiat at the Whitney Museum of American Art in New York. In October 1992, Madonna simultaneously released her fifth studio album, Erotica , and her coffee table book , Sex . Consisting of sexually provocative and explicit images, photographed by Steven Meisel , the book received strong negative reaction from

14938-607: The five Justin Timberlake albums that Timbaland produced. The catalogue consists of 108 albums and songs with collective sales in excess of 32 million. Five songs co-owned by Hipgnosis appeared in the Top 10 on Billboard's Hot 100 of the decade chart. (The Chainsmokers ft. Halsey's "Closer", "Uptown Funk" by Mark Ronson, "Shape of You" by Ed Sheeran, Maroon 5 ft. Cardi B, "Girls Like You", and " Despacito " by Luis Fonsi & Daddy Yankee ft. Justin Bieber). In December 2019, Hipgnosis added

15092-478: The floor. Second, in March the London Stock Exchange formally merged with the eleven British and Irish regional exchanges, including the Scottish Stock Exchange . This expansion led to the creation of a new position of chief executive officer ; after an extensive search this post was given to Robert Fell. There were more governance changes in 1991, when the governing Council of the Exchange was replaced by

15246-412: The future. Our conversations with shareholders have revealed a consensus that they are enthusiastic about the quality of [HSF's] iconic portfolio of songs." Robert Naylor was appointed chairman of the company, following the removal of Sutch, on 7 November 2023. In December 2023, Hipgnosis announced that it would delay the publication of its year-end results after finding that the company's own valuation

15400-682: The hallways between classes, dangle by her knees from the monkey bars during recess, and pull up her skirt during class—all so that the boys could see her underwear. She later admitted to seeing herself in her youth as a "lonely girl who was searching for something. I wasn't rebellious in a certain way. I cared about being good at something. I didn't shave my underarms or legs, and I didn't wear make-up like normal girls do. But I studied and I got good grades... I wanted to be somebody." Madonna's father put her in classical piano lessons, but she later convinced him to allow her to take ballet lessons. Christopher Flynn, her ballet teacher, persuaded her to pursue

15554-481: The human toll would have been very high. The explosion ripped a hole in the 23-storey building in Threadneedle Street and sent a shower of glass and concrete onto the street. The long-term trend towards electronic trading platforms reduced the Exchange's attraction to visitors, and although the gallery reopened, it was closed permanently in 1992. The biggest event of the 1980s was the sudden de-regulation of

15708-743: The incident to be "a taste of my weakness, it showed me that I still could not save myself in spite of all the strong-girl show. I could never forget it." In 1979, Madonna became romantically involved with musician Dan Gilroy . Shortly after meeting him, she successfully auditioned to perform in Paris with French disco artist Patrick Hernandez as his backup singer and dancer. During her three months with Hernandez's troupe, she also traveled to Tunisia before returning to New York in August 1979. Madonna moved into an abandoned synagogue where Gilroy lived and rehearsed in Corona, Queens . Together they formed her first band,

15862-606: The latter reached number one in countries across Europe. Madonna was presented with the Artist Achievement Award by Tony Bennett at the 1996 Billboard Music Awards . On October 14, 1996, she gave birth to Lourdes "Lola" Maria Ciccone Leon , her daughter with fitness trainer Carlos Leon. Biographer Mary Cross writes that although Madonna often worried that her pregnancy would harm Evita , she reached some important personal goals: "Now 38 years old, Madonna had at last triumphed on screen and achieved her dream of having

16016-426: The lattermost won her a Golden Globe Award for Best Actress , many of her other films were not as well received. As a businesswoman , she founded the company Maverick in 1992, which included Maverick Records, one of the most successful artist-run labels in history. Madonna's other ventures include fashion brands , written works , health clubs and filmmaking. She contributes to various charities , having founded

16170-420: The long-term strategies of the joint company is to expand Borsa Italiana's efficient clearing services to other European markets. In 2007, after Borsa Italiana announced that it was exercising its call option to acquire full control of MBE Holdings; thus the combined Group would now control Mercato dei Titoli di Stato, or MTS. This merger of Borsa Italiana and MTS with LSE's existing bond-listing business enhanced

16324-461: The media and the general public, but sold 1.5 million copies at $ 50 each in a matter of days. The widespread backlash overshadowed Erotica , which ended up as her lowest selling album at the time. Despite positive reviews, it became her first studio album since her debut album not to score any chart-topper in the US. The album entered the Billboard 200 at number two. It yielded the Hot 100 top-ten hits " Erotica " and " Deeper and Deeper ". At

16478-587: The model of the Antwerp Bourse . It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their perceived rude manners. They had to operate from other establishments in the vicinity, notably Jonathan's Coffee-House . At that coffee house, a broker named John Castaing started listing the prices of a few commodities including salt, coal, paper, and exchange rates in 1698. Originally, this

16632-484: The part. After securing the title role, she received vocal coaching and learned about the history of Argentina and Perón. During filming Madonna became ill several times, after finding out that she was pregnant, and from the intense emotional effort required with the scenes. Upon Evita ' s release in December 1996, Madonna's performance received praise from film critics. Zach Conner of Time magazine remarked, "It's

16786-480: The political climate of the country, saying that "there was a lynch mob mentality that was going on that wasn't pretty and I have children to protect." The song stalled at number 37 on the Hot 100, while the album became her lowest-selling album at that point with four million copies worldwide. Madonna gave another provocative performance later that year at the 2003 MTV Video Music Awards , when she kissed singers Britney Spears and Christina Aguilera while singing

16940-629: The production of Speed-the-Plow at the Royale Theatre from May to August 1988. According to the Associated Press , Madonna filed an assault report against Penn after an alleged incident at their Malibu home during the New Year's weekend. Madonna filed for divorce on January 5, 1989, and the following week she reportedly asked that no criminal charges be pressed. In January 1989, Madonna signed an endorsement deal with soft-drink manufacturer Pepsi . In one Pepsi commercial, she debuted " Like

17094-525: The proposed deal as it involved selling nearly a fifth of the portfolio to Hipgnosis Songs Capital, also managed by Mercuriadis, "at a considerable discount". In response to a ruling by the Copyright Royalty Board , the quarterly dividend was also cancelled on 16 October 2023, causing a further fall in the share price. Subsequently, Hipgnosis Songs Fund confirmed that Mercuriadis has an option to buy all of its rights if his investment advisory company

17248-525: The purchase would fund a new high school in Los Angeles as part of the USC Iovine and Young Academy. Hipgnosis also acquired the catalogue of Fleetwood Mac member Lindsey Buckingham , a 50% stake in the catalogue of Neil Young , all 145 of Shakira 's songs, and 43 songs produced by Bob Rock . In March 2021, Hipgnosis acquired the catalogue of songwriter Carole Bayer Sager . In May 2021, Hipgnosis acquired

17402-622: The range of covered European fixed income markets. London Stock Exchange Group acquired Turquoise , a Pan-European MTF, in 2009. Madonna Madonna Louise Ciccone ( / tʃ ɪ ˈ k oʊ n i / ; born August 16, 1958) is an American singer, songwriter, and actress. Regarded as the " Queen of Pop ", she has been recognized for her continual reinvention and versatility in music production, songwriting and visual presentation. Madonna's works, which incorporate social, political, sexual , and religious themes, have generated both controversy and critical acclaim. A cultural icon spanning both

17556-674: The release of her second studio album, Like a Virgin , in November 1984. It became her first number-one album in Germany, Italy, the Netherlands, New Zealand, Spain, the UK and the US. Like a Virgin became the first album by a female to sell over five million copies in the US. It was later certified diamond by the Recording Industry Association of America (RIAA), and has sold over 21 million copies worldwide. The album's title track served as its first single, and topped

17710-529: The rest of Great Britain also benefited from the economic boom. Two other cities in particular showed great business development: Liverpool and Manchester. Consequently, in 1836 both the Manchester and Liverpool stock exchanges were opened. Some stock prices sometimes rose by 10%, 20% or even 30% in a week. These were times when stockbroking was considered a real business profession, and such attracted many entrepreneurs. Nevertheless, with booms came busts, and in 1835

17864-463: The rest of Hipgnosis. Hipgnosis also bought a 50% stake in the publishing, neighbouring rights and recording catalogue of Rick James in November. In December 2020, HSF reached a £1.25b market cap. In January 2021, Jimmy Iovine sold his producer royalties to Hipgnosis, including 259 recordings and his movie production royalties for 8 Mile , which starred Eminem , and 50 Cent's Get Rich or Die Tryin' . Iovine stated that proceeds generated from

18018-1242: The same time, the International Federation of the Phonographic Industry (IFPI) announced officially that Madonna had sold over 200 million copies of her albums alone worldwide. While on tour, Madonna founded the charitable organization Raising Malawi , and partially funded an orphanage in and traveling to that country. While there, she decided to adopt a boy named David Banda in October 2006. The adoption raised strong public reaction, because Malawian law requires would-be parents to reside in Malawi for one year before adopting, which Madonna did not do. She addressed this on The Oprah Winfrey Show , saying that there were no written adoption laws in Malawi that regulated foreign adoption. Madonna described how Banda had been suffering from pneumonia after surviving malaria and tuberculosis when they first met. Banda's biological father, Yohane, commented: "These so-called human rights activists are harassing me every day, threatening me that I am not aware of what I am doing ... They want me to support their court case,

18172-527: The song catalogue of the Red Hot Chili Peppers (for its publishing business MoeBeToBlame Music ) for a reported $ 140-$ 150 million. Hipgnosis also acquired the catalogue of songwriter Andrew Watt . In August 2021, Hipgnosis acquired the catalogue of Fleetwood Mac member Christine McVie . On 10 August 2020, Hipgnosis acquired 100% of Chris Cornell 's catalog of song rights (241 songs), including his band Soundgarden 's catalog. Hipgnosis' annual report

18326-523: The square. The protesters moved nearby to occupy the space in front of St Paul's Cathedral . The protests were part of the global Occupy movement . On 25 April 2019, the final day of the Extinction Rebellion disruption in London, 13 activists glued themselves together in a chain, blocking the entrances of the LSE. The protesters were all later arrested on suspicion of aggravated trespass. Extinction Rebellion had said its protesters would target

18480-418: The subsequent bombing of the Exchange's perimeters, and one suggestion was a move to Denham , Buckinghamshire. This however never took place. On the first day of September 1939, the Exchange closed its doors "until further notice" and two days later World War II was declared. Unlike in the prior war, the Exchange opened its doors again six days later, on 7 September. As the war escalated into its second year,

18634-427: The time Madonna had been dating rapper Vanilla Ice and she at one point proposed to him; they broke up following the release of Sex , with Ice claiming that he was included in the book without his consent. Madonna continued her provocative imagery in the 1993 erotic thriller , Body of Evidence , a film which contained scenes of sadomasochism and bondage . Critics poorly received the film. She also starred in

18788-414: The time, and remains Madonna's bestselling studio album, with sales of 25 million copies. True Blue was featured in the 1992 edition of Guinness World Records as the bestselling album by a woman of all time. Madonna starred in the critically panned film Shanghai Surprise in 1986, for which she received her first Golden Raspberry Award for Worst Actress . She made her theatrical debut in

18942-513: The title role in the 1985 comedy Desperately Seeking Susan , a film which introduced the song " Into the Groove ", her first number-one single in the UK. Her popularity caused the film to be perceived as a Madonna vehicle, despite how she was not billed as a lead actress . The New York Times film critic Vincent Canby named it one of the ten best films of 1985. Beginning in April 1985, Madonna embarked on her first concert tour in North America,

19096-489: The top, and middle floors let out to affiliate companies. Queen Elizabeth II opened the building on 8 November 1972; it was a new City landmark, with its 23,000 sq ft (2,100 m ) trading floor. 1973 marked a year of changes for the Stock Exchange. First, two trading prohibitions were abolished. A report from the Monopolies and Mergers Commission recommended the admittance of both women and foreign-born members on

19250-485: The track " Hollywood ". In October 2003, she provided guest vocals on Spears' single " Me Against the Music ". It was followed with the release of Remixed & Revisited . The EP contained remixed versions of songs from American Life and included "Your Honesty", a previously unreleased track from the Bedtime Stories recording sessions. Madonna also signed a contract with Callaway Arts & Entertainment to be

19404-446: The transformation was not welcomed by all parties. On the first day of trading, non-members had to be expelled by a constable. In spite of the disorder, a new and bigger building was planned, at Capel Court. William Hammond laid the first foundation stone for the new building on 18 May. It was finished on 30 December when "The Stock Exchange" was incised on the entrance. In the Exchange's first operating years, on several occasions there

19558-412: The world in an edited form. The same year, Madonna released her ninth studio album, American Life , which was based on her observations of American society. She explained that the record was "like a trip down memory lane, looking back at everything I've accomplished and all the things I once valued and all the things that were important to me." Larry Flick from The Advocate felt that " American Life

19712-509: The world, both the City and the Stock Exchange were hit hard by the outbreak of World War I in 1914. Due to fears that borrowed money was to be called in and that foreign banks would demand their loans or raise interest, prices surged at first. The decision to close the Exchange for improved breathing space and to extend the August Bank Holiday to prohibit a run on banks, was hurried through by

19866-413: The year by a solo artist, earning $ 75 million from 47 sold-out shows. She also released her second greatest-hits collection, GHV2 , which compiled 15 singles during the second decade of her recording career. The album debuted at number seven on the Billboard 200 and sold seven million units worldwide. Madonna starred in the film Swept Away , directed by Ritchie. Released direct-to-video in

20020-475: The year in the US. She recorded the film's theme song, " This Used to Be My Playground ", which became her tenth number-one on the Billboard Hot 100, the most by any female artist at the time. In April, Madonna founded her own entertainment company, Maverick , consisting of a record company (Maverick Records), a film production company (Maverick Films), and associated music publishing, television broadcasting, book publishing, and merchandising divisions. The deal

20174-434: Was "materially higher than the valuation implied by proposed and recent transactions in the sector". In February 2024, Mercuriadis was named chairman of Hipgnosis Songs Management. It was announced that Ben Kratovsky, previously the company's president and chief operating officer, would serve as its CEO. The portfolio includes the following songwriters: London Stock Exchange The London Stock Exchange ( LSE )

20328-469: Was a growing market. Notably, the Foreign Market at the Exchange allowed for merchants and traders to participate, and the Royal Exchange hosted all transactions where foreign parties were involved. The constant increase in overseas business eventually meant that dealing in foreign securities had to be allowed within all of the Exchange's premises. Just as London enjoyed growth through international trade,

20482-496: Was a joint venture with Time Warner and paid Madonna an advance of $ 60 million. It gave her 20% royalties from the music proceedings, the highest rate in the industry at the time, equaled only by Michael Jackson 's royalty rate established a year earlier with Sony . Her company later went on to become one of the most successful artist-run labels in history, producing multi-platinum artists such as Alanis Morissette and Michelle Branch . Later that year, Madonna co-sponsored

20636-568: Was announced that the LSE would merge with the Deutsche Börse ; however this fell through. On 23 June 2007, the LSE announced that it had agreed on the terms of a recommended offer to the shareholders of the Borsa Italiana S.p.A. The merger of the two companies created a leading diversified exchange group in Europe. The combined group was named the London Stock Exchange Group, but still remained two separate legal and regulatory entities. One of

20790-474: Was appointed as the main architect, and in March 1854, the new brick building inspired from the Great Exhibition stood ready. This was a huge improvement in both surroundings and space, with twice the floor space available. By the late 1800s, the telephone, ticker tape , and the telegraph had been invented. Those new technologies led to a revolution in the work of the Exchange. As the financial centre of

20944-428: Was based on Microsoft's .NET Framework , and was developed by Microsoft and Accenture. Despite TradElect only being in use for about two years, after suffering multiple periods of extended downtime and unreliability the LSE announced in 2009 that it was planning to switch to Linux in 2010. The main market migration to MillenniumIT technology was successfully completed in February 2011. The previous system, SETS,

21098-432: Was completed in July. On 14 October 2023, in response to concerns that the share price was not reflecting the value of the company, it was proposed that the company would sell some of its catalogues in two disposals for £440 million and $ 25 million respectively in order to fund a share buyback of up to $ 180 million. The first disposal involved selling 29 music catalogues to Hipgnosis Songs Capital. Some investors criticised

21252-474: Was created in 2003 in partnership with OM Group. The Exchange also acquired Proquote Limited, a new generation supplier of real-time market data and trading systems. The old Stock Exchange Tower became largely redundant with Big Bang, which deregulated many of the LSE's activities: computerised systems and dealing rooms replaced face-to-face trading. In 2004, the LSE moved to a brand-new headquarters in Paternoster Square , close to St Paul's Cathedral . In 2007,

21406-439: Was dissatisfied with the completed tracks and disagreed with Lucas' production techniques, so she decided to seek additional help. She asked John "Jellybean" Benitez , the resident DJ at Fun House, to help finish the album's production and a romance ensued. Benitez remixed most of the tracks and produced " Holiday ", which was her first international top-ten song. The album was released in July 1983, and peaked at number eight on

21560-544: Was established in 2018. Rodney Jerkins joined the advisory board in July 2020. Hipgnosis Songs Fund went public in July 2018; an earlier plan to float the company in the UK had been postponed to conduct further due diligence. Its prospectus said that there was a "unique market opportunity as technology disruption is changing the way music is consumed." At its July 10, 2018 launch on the British Stock Exchange, HSF raised £202m, well over its goal. Trading as SONG, it

21714-498: Was in a relationship with artist Jean-Michel Basquiat and living at his loft in SoHo . Basquiat introduced her to art curator Diego Cortez , who had managed some punk bands and co-founded the Mudd Club . Madonna invited Cortez to be her manager, but he declined. Following the success of the singles, Warner hired Reggie Lucas to produce her debut album, Madonna . However, Madonna

21868-653: Was inducted into the Rock and Roll Hall of Fame in her first year of eligibility. She did not sing at the ceremony but asked fellow Hall of Fame inductees and Michigan natives the Stooges to perform her songs "Burning Up" and "Ray of Light". Madonna released her eleventh studio album, Hard Candy , in April 2008. Containing R&B and urban pop influences, the songs on Hard Candy were autobiographical in nature and saw Madonna collaborating with Justin Timberlake , Timbaland , Pharrell Williams and Nate "Danja" Hills . The album debuted at number one in 37 countries and on

22022-435: Was inspired by and dedicated to her husband Penn. Rolling Stone was impressed with the effort, writing that the album "sound[s] as if it comes from the heart". Five singles were released—" Live to Tell ", " Papa Don't Preach ", " True Blue ", " Open Your Heart ", and " La Isla Bonita "—all of which reached number one in the US or the UK. The album topped the charts in 28 countries worldwide, an unprecedented achievement at

22176-562: Was introduced in October 1997 and used until 2007. The London Market Information Link, a COBOL application running on a HP Tandem server was used to disseminate market data to terminals before being replaced by Infolect. The LSE facilitates stock listings in a currency other than its "home currency". Most stocks are quoted in GBP but some are quoted in EUR while others are quoted in USD. On 3 May 2000, it

22330-568: Was no clear set of regulations or fundamental laws for the Capel Court trading. In February 1812, the General Purpose Committee confirmed a set of recommendations, which later became the foundation of the first codified rule book of the Exchange. Even though the document was not a complex one, topics such as settlement and default were, in fact, quite comprehensive. With its new governmental commandments and increasing trading volume,

22484-411: Was not a daily list and was only published a few days of the week. This list and activity was later moved to Garraway's coffee house. Public auctions during this period were conducted for the duration that a length of tallow candle could burn; these were known as "by inch of candle" auctions. As stocks grew, with new companies joining to raise capital, the royal court also raised some monies. These are

22638-666: Was of French-Canadian descent. Tony Ciccone worked as an optics engineer for Chrysler Defense and its successor, General Dynamics Land Systems , on military projects. Since Madonna had the same name as her mother, family members called her "Little Nonnie". Her mother died of breast cancer on December 1, 1963. She was raised in the Detroit suburbs of Pontiac and Avon Township (now Rochester Hills ), alongside her two older brothers—Anthony (1956–2023) and Martin (born 1957) —and three younger siblings—Paula (born 1959), Christopher (1960–2024), and Melanie (born 1962). Madonna adopted Veronica as

22792-429: Was one of two investment trust IPOs that were oversubscribed that year. After it was listed the company reported that it had acquired a 75 percent interest in its first music rights catalog from musician The-Dream for £18.83 million. Among other hits, the 302-song collection included Justin Bieber's " Baby ", Rihanna's " Umbrella " and Beyonce's " Single Ladies (Put a Ring on It) ". By the end of 2018, Hipgnosis acquired

22946-601: Was over. Around this time, Madonna briefly dated rapper Tupac Shakur and basketball player Dennis Rodman . Biographer J. Randy Taraborrelli described her ballad " I'll Remember " (1994) as an attempt to tone down her provocative image. The song was recorded for Alek Keshishian 's 1994 film With Honors . She made a subdued appearance with Letterman at an awards show and appeared on The Tonight Show with Jay Leno after realizing that she needed to change her musical direction to sustain her popularity. With her sixth studio album, Bedtime Stories (1994), Madonna employed

23100-470: Was published in July 2021, valuing the catalogue at $ 2.2 billion. In October 2021 The Blackstone Group , an alternative investment management company, announced that it would partner with Mercuriadis to invest $ 1bn US to acquire song catalogues and music rights. It also announced that Blackstone would take an ownership stake in Hipgnosis Song Management. In May 2022, Hipgnosis acquired 100% of

23254-409: Was released in May 1991. Chronicling her Blond Ambition World Tour, it became the highest-grossing documentary of all time (surpassed eleven years later by Michael Moore 's Bowling for Columbine ). In 1992, Madonna starred in A League of Their Own as Mae Mordabito, a baseball player on an all-women's team. It reached number one on the box-office and became the tenth-highest-grossing film of

23408-499: Was released in November 2005. Musically the album was structured like a club set composed by a DJ. It was acclaimed by critics, with Keith Caulfield from Billboard commenting that the album was a "welcome return to form for the Queen of Pop." The album won a Grammy Award for Best Electronic/Dance Album . Confessions on a Dance Floor and its lead single, " Hung Up ", went on to reach number one in 40 and 41 countries respectively, earning

23562-592: Was that traders began leaving the Royal Exchange, either by their own decision or through expulsion, and started dealing in the streets of London. The street in which they were now dealing was known as ' Exchange Alley ', or 'Change Alley'; it was suitably placed close to the Bank of England . Parliament tried to regulate this and ban the unofficial traders from the Change streets. Traders became weary of "bubbles" when companies rose quickly and fell, so they persuaded Parliament to pass

23716-647: Was the first time I'd ever taken a plane, the first time I'd ever gotten a taxi cab. I came here with $ 35 in my pocket. It was the bravest thing I'd ever done." Madonna soon found an apartment in the Alphabet City neighborhood of the East Village and had little money while working as a hatcheck girl for the Russian Tea Room , an elevator operator at Terrace on the Park , and with modern dance troupes, taking classes at

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