Acquisition Opportunity
Hilco is seeking offers to acquire the intellectual property assets of Luco Music Group Limited (In Liquidation) (“Luco Music Group” or the “Company”) on behalf of the Liquidators of the Company, Allan Cadman and Alan Fallows of Xeinadin Corporate Recovery Limited.
Background
Luco Music Group is a music publishing and rights-holding company with interests in a portfolio of commercially exploited musical compositions and recordings. The catalogue spans the established works of Christopher Simpson – founder and principal songwriter of the acclaimed progressive folk-rock band Magna Carta – alongside rights connected to the feature film Chick Fight and the La Toya Jackson recording “Travelling Home For Christmas”.
The Company’s assets comprise publishing rights, royalty-generating musical works, master recording interests, and associated contractual rights. These rights are currently administered by Warner Chappell Music, one of the world’s leading music publishers, which has collected and distributed royalties on behalf of the Company across a broad range of international territories and digital platforms.
Historic royalty statements show active exploitation of the catalogue across multiple collection societies, digital streaming platforms, and performance rights organisations in territories including the United Kingdom, Canada, Belgium, Brazil, Sweden, Italy, and the Czech Republic. The Company’s portfolio presents the opportunity to acquire an established catalogue of music publishing rights with an earnings history and continuing exploitation potential.
Available Assets
Christopher Simpson / Magna Carta Publishing Catalogue
The core asset available comprises the Company’s publishing interests in a catalogue of works written by Christopher Simpson, the founder, songwriter and driving creative force behind Magna Carta.
Formed in London in 1969, Magna Carta established itself as a respected name within the progressive folk and folk-rock genres. Over several decades, the group released many albums and built a loyal international following, particularly across Europe and North America.
The Christopher Simpson catalogue represents the primary source of income within the portfolio, with several titles generating recurring royalties through collection societies and digital services across multiple territories.
The catalogue represents an opportunity to acquire rights connected to a recognised songwriter with a demonstrated international exploitation history and identifiable continuing income.
Chick Fight Soundtrack
The Company holds rights associated with the soundtrack and score for the feature film Chick Fight, an action-comedy starring Malin Åkerman, Bella Thorne, Dulcé Sloan and Alec Baldwin.
The Company retains ownership of both publishing rights and master recordings relating to the score, including several compositions that have generated royalty income and may provide future opportunities for synchronisation, licensing, adaptation, and further exploitation.
Travelling Home For Christmas – La Toya Jackson
The Company holds a 50% interest in the master recording of the Christmas single “Travelling Home For Christmas” performed by La Toya Jackson, an internationally recognised recording artist and member of the Jackson family, offering future licensing and exploitation opportunities for a buyer with established distribution relationships.
Contracts, Documentation & Organisational Know-How
The Company holds various agreements, royalty statements, publishing documentation, and associated records relating to the management and exploitation of the catalogue, which would assist an acquirer in continuing the administration of the rights portfolio and understanding historic royalty performance across all works.
Third-Party Rights Notice
Prospective purchasers should note that certain assets may be subject to existing third-party rights, contractual arrangements, royalty-sharing obligations, publishing agreements, collection society registrations, and other restrictions. Any transfer of assets will be subject to the terms of such agreements, and interested parties should undertake their own legal and commercial due diligence to determine the precise nature and extent of the rights available.
Only such right, title and interest as is held by the Company will be available for sale.
Sales Process
All expressions of interest and indicative offers are to be directed to Hilco in writing. A Bid Submission Form is available on request. Please contact Hilco to gain access to a virtual data room for further information on signing a confidentiality agreement.
