It has been reported that international superstar Justin Timberlake has sold his entire song catalog to a Blackstone-backed management company. JT has become one of many stars who have recently sold the rights to their music for millions. Timberlake’s music collection spans over 20 years. The singer found fame in 1995 as a member of boy band phenomenon NSYNC. Following the international breakout success of the group, Timberlake launched a solo career that has included five studio albums and 40 singles.
Other artists who have made deals with Hipgnosis include the Red Hot Chili Peppers, Journey, Blondie and Neil Young.
“I am excited to be partnering with Merck and Hipgnosis — he values artists and their creative work and has always been a strong supporter of songwriters and storytelling,” said Timberlake in a press release Thursday. “I look forward to entering this next chapter.”
London-based firm Hipgnosis Song Management announced Thursday the purchase of all the singer’s copyrights on tracks he wrote or co-wrote — a total of around 200 songs, according to Hipgnosis CEO Merck Mercuriadis. Among JT’s No. 1 hits now under their control include “SexyBack,” “Can’t Stop the Feeling” and “Mirrors.” According to The Wall Street Journal, the dollar figure behind the deal has not been disclosed, but people familiar with the matter have it valued upwards of $100 million.
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