Justin Timberlake Sells His Entire Music Catalog In A Deal Worth Millions

5/29/2022 10:17:00 PM

Timberlake joins the ranks of other entertainers who have recently sold the rights to their music.

Timberlake joins the ranks of other entertainers who have recently sold the rights to their music.

Timberlake joins the ranks of other entertainers who have recently sold the rights to their music.

May.Justin Timberlake better put on his best suit and tie for this deal! On May 26, it was announced that the singer, 41, has sold his entire song catalog--which includes Billboard chart-topping hits like"Cry Me A River,""Rock Your Body,""Not A Bad Thing" and"Seorita"--to Hipgnosis Song Management.Timberlake’s solo song catalog generates about $10 million to $11 million annually, Billboard estimates, with his share of the writing earning about $3."I am excited to be partnering with [Hipgnosis founder and CEO Merck Mercuriadis ]," Justin said in a statement.

29, 2022, 03:17 PM EDT It looks like Justin Timberlake won’t be hanging on to his music catalog “Until the End of Time.” Timberlake recently sold the entire music catalog from his 20-year career to London-based firm Hipgnosis Song Management, per a company announcement Thursday."I am excited to be partnering with [Hipgnosis founder and CEO Merck Mercuriadis]," Timberlake said in a statement.The purchase includes all copyrights on tracks Timberlake has written or co-written.6 multiple NPS — which is considered a very expensive multiple.The deal also encompasses any music the “Suit & Tie” singer released in association with movies, television, streaming, cover music or performances.I look forward to entering this next chapter.Advertisement The Wall Street Journal reported.

The acquisition was made on behalf of Hipgnosis Songs Capital, a partnership between Hipgnosis Song Management and funds managed by private equity firm Blackstone.Stay informed about local news and weather in Southern California.That’s because investors feel uncertainty around which songs will prevail with iconic status, and which will be remembered as foregone once-upon-a-time hits.Justin Timberlake recently sold the rights to his music.(Photo by Axelle/Bauer-Griffin/FilmMagic) Axelle/Bauer-Griffin via Getty Images The management company now holds the reins of the pop star’s Billboard chart-topping hits like “Cry Me a River,” “SexyBack” and “Mirrors.” Advertisement “I am excited to be partnering with [Hipgnosis founder and CEO Merck Mercuriadis],” Timberlake said in a statement.That’s a problem for institutional investors, who like investments in predictable income streams.“He values artists and their creative work and has always been a strong supporter of songwriters and storytelling.

I look forward to entering this next chapter.” Timberlake now joins the ranks of other entertainers like Bob Dylan, and Neil Young, who have all recently sold the rights to their music.The songs’ performance over the past few years along gives some idea of what’s to come.Related...3 million in NPS annually (sources who have seen the confirm this is in the ballpark).

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Now he has enough to buy a really, really expensive NFT! Lol what a useless catalogue Is he in need of some quick money? Is he having an early retirement? Whatever it is, he can do whatsoever pleases him really. Once he is comfortable in his skin and mindset so be it. LUFFY LUFFYTOKEN 🔥🔥🔥 i c he didn’t have to re-record his entire catalog to be able to sell it

LUFFYTOKEN

Justin Timberlake Sells His Entire Music Catalog in Deal Worth $100 MillionJustin Timberlake better put on his best suit and tie for this deal.

Does the Justin Timberlake Song Sale Make Sense?Take a look behind the financials of Hipgnosis’ reported $100 million acquisition of Justin Timberlake's publishing catalog. say_daisyyy King. 🕺🕺🕺 Why wouldn’t it?

Justin Timberlake Sells His Entire Music Catalog in Deal Worth $100 Million - E! OnlineJustin Timberlake has agreed to sell his music catalog—which includes hits 'SexyBack,' 'Mirrors,' 'Cry Me A River' and more—to Hipgnosis Song Management. Find out his thoughts on the deal below. Waste of money Can someone smarter than me explain why this is a good idea beyond the initial infusion of cash to the singers pocket? I mean I don’t blame him at all, I’d do the same too but like where is the future benefit in him doing this? 100 million dollars for Justin Timberlake's music catalogue? They're actually paying for what? Maybe 6 songs of his that were hits, the rest of his songs are completely and immediately forgotten... And with very good reason. That's a LOT of money for so little in return.

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