Recording artist Justin Timberlake plays onstage all the way through the Pepsi Tremendous Bowl LII Halftime Display at U.S. Financial institution Stadium on February 4, 2018 in Minneapolis, Minnesota.
Christopher Polk | Getty Pictures
Purchase, purchase, purchase.
Pop celebrity Justin Timberlake, who were given his get started within the boy band NSYNC, has bought the rights to his music catalog to Hipgnosis Tune Control, the British company introduced Thursday.
The deal used to be finished on behalf of Hipgnosis’ partnership with non-public fairness company Blackstone, Hipgnosis Songs Capital. It’s mentioned to be valued at greater than $100 million. The Wall Side road Magazine, which first reported the scoop, added that the settlement does no longer duvet long term releases from Timberlake.
The celebrity mentioned he’s “excited” concerning the partnership. “I look ahead to coming into this subsequent bankruptcy,” he mentioned in a liberate.
Timberlake’s hits come with “Cry Me a River,” “SexyBack,” “Can not Forestall the Feeling” and NSYNC songs comparable to “Bye Bye Bye.”
Timberlake, 41, is the most recent tune megastar to promote the rights to his songs for an enormous amount of cash.
In December, Bruce Springsteen bought his catalog to Sony for $550 million. A month later, in January of this yr, Bob Dylan bought his catalog of recorded tune to Sony, as neatly. That got here after Dylan bought his songwriting catalog to Common Song Publishing Crew in December 2020. Tina Turner bought her catalog for roughly $50 million to BMG in October.