Music Stocks Adjust to a Slower Tempo

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Higher interest rates have damped investor appetite for song catalogs

Shareholders at Hipgnosis, a London-listed song catalog fund that owns rights to tracks by Shakira, the Red Hot Chili PeppersThis copy is for your personal, non-commercial use only.

Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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