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.