Toe Jay Simpson
Searchin’
He made out like a bandit on this one. The other guys who actually write and spent years at a time on their stuff, I’m not so sure. But this fool came up
Justin Timberlake Sells 100% of Song Catalog to Hipgnosis for ~$100M
- Thread starter Optimus Prime
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- timberlake
These threads are always hilarious, these artist know exactly how much their old music is making them each quarter. There’s a reason they are all doing this and it’s not to lose money.
mbewane
Knicks: 93 til infinity
Brehs talking 100 million is a low amount. He just signed a document, didn't even put in any extra work for said 100 million 
Talking about "should've kept for his heirs" like he can't invest those 100 million in something else
Talking about "should've kept for his heirs" like he can't invest those 100 million in something else
Artificial Intelligence
Not Allen Iverson
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I'm thinking even though he doesn't own 100% of the songs, he does own what can be done with those songs. So Hipgnosis bought the rights to license a song to Coke or Pepsi and they just pay Timberland what he's owed if they don't buy his share outright.
They all came out on top.
What is this fantasy that old music has has unlimited upside of profitability come from?
Sauce Mane
Superstar
If he invests half of it now since the market is down, and in 10 or so years he would have 100m+ in his portfolio
Toe Jay Simpson
Searchin’
The people buying this music sure seem to think so
The Plug
plug couldnt trust you now u cant trust the plug
Yea this makes sense. I'm thinking hypothetically, his hit songs + touring could probably make him $20 - $40 million in a decade or two, or he could just sign it all away for $100 million now. Accountants probably laid it out like that and it made sense.
LiveFromLondon
Superstar
Nah mang boy was laced heavy those first 2 albumsHis music trash tho
They’re making a gamble that they can get a bigger ROI from the catalog.
tremonthustler1
aka bx_representer
Catalogs always make money, especially when you already know streaming services splinter like the ones we see for TV and movies.
YMCMB's catalog was $100 mil. Drake's getting $500 mil to make more music. His catalog ain't worth $100 mil on its own yet (when Drake eventually sells his, that price tag will be astronomical) and it makes sense. Only a handful of artists are guaranteed hits on the charts and he's one of them.
mbewane
Knicks: 93 til infinity
At some point we might also just have to start considering that not everyone wants to be touring until they're 50 or 60. Travelling, going from one hotel to another, time zones, delays, being far from home etc...all that can get tiresome at some point even when it's done in the most exclusive first class. I don't know nothing about JT's personnal life but he's been in the business damn near his entire life, maybe he just wants to lay back with his family/friends and enjoy the benefits of his previous work. Maybe he values that more than extra mansions or extra cars. I mean how much is enough
Artificial Intelligence
Not Allen Iverson
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Cats talking about he sold his legacy like that $100M won't be used to set up his great grand kids' grandkids.Brehs talking 100 million is a low amount. He just signed a document, didn't even put in any extra work for said 100 million
Talking about "should've kept for his heirs" like he can't invest those 100 million in something else
But his kid won't get monthly checks from Spotify
