Justin Timberlake is selling his entire music catalog

Justin Timberlake is selling his entire music catalog

Justin Timberlake is selling his entire music catalog

Justin Timberlake
Photo: Jerod Harris (Getty Images)

While Taylor Swift tried to recover his masters, Justin Timberlake is just giving them away. As part of an agreement with Hipgnosis Song Management, the artist sold his full music catalog– valued at around $100 million, according to The the wall street journal (Going through CNN).

The deal includes the copyrights to approximately 200 songs Timberlake has written or co-authored, and he obviously has some mega hits in there – “SexyBack”, “Mirrors” and the ubiquitous “Can’t Stop The Feeling!” to name a few. (Most NSYNC the era remains untouched by this deal, as Timberlake was not a writer of songs like “Bye Bye Bye”, per CNN.)

“I am delighted to be associated with [Hipgnosis’s CEO and founder] Merck [Mercuriadis] and Hipgnosis – he appreciates artists and their creative work and has always been a strong believer in songwriting and storytelling. I can’t wait to get into this next chapter,” Timberlake said in a statement.

In his own statement, Mercuriadis said: “It has been a complete labor of love to put this agreement in place. I am delighted to welcome them all to the Hipgnosis family. This is the start of what we believe to be a incredible relationship important to all of us.

London-based Hipgnosis (which is backed by controversial private equity firm Blackstone) has struck similar deals with a growing number of superstars, including Neil Young, the Red Hot Chili Peppers, Shakira and the Chainsmokers. Buying an artist’s catalog means the company makes a profit when the songs are licensed for movies, TV, streaming, cover music, and performances.

And what do artists get out of it? Mercuriadis said CNN Business“In the case of these young songwriters, they try not to risk their future. They seek to be placed in a position where they can make music for pure purposes in the future based on what they want to do, as opposed to what they have to do for the money. We’ll keep an eye out for some of JT’s creative ventures in the future.

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