Justin Timberlake Sells His Music Catalog For $100 Million

Justin Timberlake better than trying his best suit and tie for this deal!

On May 26, it was announced that the 41-year-old singer had sold his entire song catalog — which includes Billboards chart-topping hits such as “Cry Me A River”, “Rock Your Body”, “Not A Bad Thing” and “Señorita” —to Hipgnosis Song Management. The deal is said to be worth $100 million, each The Wall Street Journal.

“I’m happy to work with [Hipgnosis founder and CEO Merck Mercuriadis]”Justin said in a statement.” He values ​​artists and their creative work and has always been a strong supporter of musicians and storytelling. I look forward to this next chapter. ”

In addition to its entire music portfolio, Hipgnosis will also own the copyright, proprietary rights of Justin, and a financial interest in the writer and publisher’s share of the star’s public performance earnings in future.

With his sales, the singer — who recently starred opposite his wife Jessica Biel in the Hulu series Candy—Join the growing list of popular musicians who have sold their catalogs in the last year.

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