Justin Timberlake Sells 100% of Song Catalog to Hipgnosis for ~$100M

[Optimus Prime]

Justin Timberlake, one of the most successful pop singers of the past 20 years, has sold a song catalog to Hipgnosis Song Management, the company has announced.

Hipgnosis has acquired 100% of all of Justin Timberlake’s copyright, ownership and financial interests of the writer and publisher’s share of public performance income, and the catalog of musical compositions written by Justin Timberlake, according to the announcement. Also included in the sale to Hipgnosis are the worldwide administration rights to the compositions, subject to the remaining term of Universal Music’s administration rights, which expire in 2025. Further terms of the deal were not disclosed.

The acquisition has been made on behalf of Hipgnosis Songs Capital, a partnership between Hipgnosis Song Management and funds managed by Blackstone.

 

[Ahadi]

Sheeeeesh

 

[You Win Perfect]

I would do the same if I didn’t write or produce any of my own music

 

[CodeBlaMeVi]

I had an epiphany. Artist that do this plan to or don’t tour a lot anymore.

 

[Artificial Intelligence]

.......................

 

[#1 pick]

They are getting such a huge capital in these deals, it makes no sense to decline

 

[SleezyBigSlim]

Sell your legacy

 

[Optimus Prime]

~$100M

 

[Rell84shots]

Now is when Jessica divorces him and takes half, then he realizes that he doesn't own his catalog anymore and has to settle for those lowball royalties.

 

[THE MACHINE]

100m seems low as hell. So he cant ever tour those songs anymore correct? Seems he could've gotten 100m going on tour for 3-4 summers.

Then again, he only has 3-4 solo albums right?

 

[jdubnyce]

That seems pretty low, no?
JT desperate for money?

Not knowledgeable on this topic

 

[OnFleekTing]

That's a low amount but I guess its a lot of money upfront
His legacy should be worth way more than that especially since they are going to recoup that amount in maybe 5 years off his catalog being used in everything

 

[Hey_zeus]

He's done anyway. Good deal

 

[Tflasha]

His music trash tho

 

[THE MACHINE]

That seems pretty low, no?
JT desperate for money?

Not knowledgeable on this topic

I thought the same thing. Pop stars you would assume could fetch more for their catalogue since the lyrics arent tooo explicit for the most part. I thought it was low too. But he doesn't have many solo albums.