Justin Timberlake has become the latest major name to sell their music publishing catalog.
Full story below…
In an announcement made moments ago, it was confirmed that Hipgnosis Song Management has acquired the song catalog of JT.
Per the pact, “100% of all of Timberlake’s copyright, ownership and financial interests of the Writer and Publisher’s Share of Public Performance income, and the catalog of musical compositions written by Justin Timberlake”.
In an interesting addition to the sale itself, Hipgnosis now takes on the worldwide administration rights to the compositions, subject to the remaining Term of Universal Music Publishing Group’s administration rights, which expire in 2025.
Put simply, the commitment to this particular partnership is colossal.
Timberlake joins a rapidly growing list of artists to have sold their publishing rights to Hipgnosis Song Management; a list that includes Shakira and the Red Hot Chilli Peppers.
The news comes as the 40-year-old gears up for the release of his first studio album since 2018’s ‘Man of the Woods.’
Can someone explain me why they are selling their cataloge, its stupid because your cataloge will bring you money forever ok we never know how the music industry will change in the furture but why doing itnow?
Because they’re broke
He knows his career has peaked and it’s only down from here
Makes no sense. But oh well as long as the next album is like 20/20 EXPERIENCE then I’m happy and don’t care what he does
Why wait on residual income to build when he can get a lump sum now? I would rather the money now while I’m young enough to enjoy it. F my next generations, I’m gonna live my life honey.
Y’all really think your faves are filthy rich. 😂😂😂 Don’t let Forbes fool ya. Most of them don’t have any LIQUID CASH like that. As you can see a lot of big names have been selling their catalogues for massive sums of cash. They’re bad with money management just like the average Joe. They have huge debts like anyone else. The pandemic hit them hard too.
This s*** is sad AF
Cry me a river, b****!!!
Cry me cry meeeee lil SLÂVE 🥲🥲🥲
I said if first, now do as the Queen says, lil b**** 😭😭😭😭
He should’ve sold it to Britney Jean Spears since he owes his entire career to her
You’re not Wendy Williams, loser
Justin owed Britney a bag of c u m so she can getting pregnant finally 💅🏾
His balls are too small so they barely make any 😭🤣
I heard his d is so little 💅🏾 We need some long Dong pink kong d🍆