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

Cakebatter

All Star
Joined
Mar 11, 2022
Messages
3,006
Reputation
801
Daps
10,513
Amount paid per show

main-qimg-c472f80568a49077239cb50a1014615c-lq
Concert promoters are willing to pay far more than $200k to have Avicii's zombie corpse perform a 2 hour set.
 

Diunx

Probably drunk
Joined
Nov 18, 2013
Messages
15,406
Reputation
2,103
Daps
45,626
Reppin
nightset
lol at 100 mills being low, dude is a multimillonaire already and just got and extra 100 mills, he nor his children have to work a day in their life in they don't want to.
 

MikelArteta

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
258,770
Reputation
33,620
Daps
790,420
Reppin
Champions league
lol at 100 mills being low, dude is a multimillonaire already and just got and extra 100 mills, he nor his children have to work a day in their life in they don't want to.

exactly there is a chance that justin timberlake might have never seen 100 mill in cash for the rest of his life
 

☑︎#VoteDemocrat

The Original
WOAT
Supporter
Joined
Dec 9, 2012
Messages
324,683
Reputation
-34,132
Daps
632,255
Reppin
The Deep State
All this catalog buying seems shady.
Sting - $300M
Springsteen - $500M
Timberlake - $100M
Bob Dylan - $400M
Stevie Nicks - $100M
Neil Young - $150M
Mick Fleetwood - $80M
etc, etc.

Spotify generated less than $10 Billion in revenue for 2021. So how are companies like Hipgnosis going to recoup their money? This is a bubble and the 401k plans invested in these companies will pay heavily for it.
they're not going to see that amount of money ever again off of future tours or sales. They know its over. cash out.
 

Tasha And

Superstar
Joined
Jan 11, 2016
Messages
8,137
Reputation
3,237
Daps
49,121
I'm convinced the "why did they sell [for generational wealth money]?" coli brehs that always pop up in these threads are also dinner with Jay-Z brehs.

JT just got millions upon millions to invest into a diversified portfolio that frees his wealth from forever being tied to one specific narrow market; his own music. It's a no brainer, for him, and all of the other artists if they can come into that kind of capital.
 
Last edited:

BK The Great

Veteran
Joined
Nov 21, 2015
Messages
60,659
Reputation
6,995
Daps
149,663
Reppin
BK NY
Why are they all selling their catalogs? I know they have their songs on commercials and stuff, would they get paid off of it? He also owned a NBA team before not sure if he still does now.
 
Last edited:
Top