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HomeMusicJustin Timberlake sells complete track catalogue

Justin Timberlake sells complete track catalogue

Justin Timberlake has bought his track catalogue to Hipgnosis Track Administration, in a deal that provides the corporate all of the rights to the artist’s beforehand launched music.

Hipgnosis Track Administration have purchased 100 per cent of Timberlake’s rights, together with to tracks like ‘SexyBack’, ‘Rock Your Physique’, and ‘Can’t Cease The Feeling’. The deal pertains to Timberlake’s publishing rights however not his recording rights, which suggests songs that he both wrote or co-wrote.

As he wasn’t a songwriter on a few of NSYNC’s best-known hits similar to ‘Bye Bye Bye’ and ‘It’s Gonna Be Me’, these usually are not included within the sale however the majority of his solo work shall be included. The monetary particulars of the sale haven’t been disclosed.

In a press release (by way of Rolling Stone), Timberlake mentioned: “I’m excited to be partnering with [Hipgnosis’s CEO and founder] Merck [Mercuriadis] and Hipgnosis – he values artists and their artistic work and has at all times been a robust supporter of songwriters and storytelling. I stay up for getting into this subsequent chapter.”

“Justin’s unbelievable catalogue will be a part of different wonderful works at Hipgnosis which we all know will function an important steward of his work,” Mercuriadis added. “We stay up for an important partnership between Justin and Hipgnosis.”

Timberlake is the most recent artist to become involved within the rising music acquisition market, following fellow pop acts like Bruno Mars, who bought a portion of his catalogue final yr to Warner Chappell.

The identical label has struck catalogue offers with Cardi BQuincy JonesAnderson .Paak and Saweetie, alongside the estates of George Michael and David Bowie. Different artists who’ve bought their rights elsewhere embody Paul Simon, Bob Dylan and Bruce Springsteen.

Earlier this yr, Leonard Cohen‘s property reached a take care of the Hipgnosis Songs Fund for an undisclosed sum.

Based on Rolling Stone, the deal included all 278 songs that Cohen wrote, together with his hottest songs ‘Hallelujah’, ‘Suzanne’, ‘So Lengthy, Marianne’, ‘First We Take Manhattan’ and extra.

On the entire, Hipgnosis has spent greater than $2billion (£1.4billion) shopping for the rights to hits from iconic artists similar to Neil YoungerBlondieShakiraFleetwood Mac’s Lindsey Buckingham and Christine McVie, producer Bob Rock and lots of extra.

Final yr, Mercuriadis mentioned that cultural significance is essential in the case of the artists whose again catalogues they’ve acquired.

“So, with over £1bn invested, we solely personal 57,000 songs. However 10,000 of them are Prime 10 songs, virtually 3,000 of them are No.1 songs. So it’s a really small catalogue, relative to Common, Warner or Sony. However the ratio of success inside that catalogue may be very excessive, there are only a few songs that aren’t successes.”

In different latest information, Pink Floyd are reportedly the most recent musicians in talks to promote their again catalogue for tens of millions.

Based on Bloomberg, the band have reportedly begun talks with a number of potential consumers for the rights to everything of their again catalogue. If profitable, the bid could possibly be price lots of of tens of millions.



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