In this episode Christian talks to music industry veteran Merck Mercuriadis, a former manager of acts including Elton John and Beyoncé whose FTSE-listed investment firm has just hit a £1bn market cap after snapping up the rights to hits including Livin’ on a Prayer, Back to Black, Uptown Funk, Single Ladies and Don't Stop Believing. Music rights is big business, and Merck's company Hipgnosis counts heavyweight Investec, Schroders and Aviva as shareholders. He discusses the growth potential of streaming services; the criteria for selecting an investable song; and why he believes his operation is good for investors as well as song-writers. 

Also in this episode, Christian reflects on his own return to the office in the City of London.