celeb news Justin Timberlake sells music catalog

[Gui Blackout]

 

Hipgnosis said Friday that it has bought 100 percent “of all of Justin 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.” Also included in the sale are “the worldwide administration rights to the compositions, subject to the remaining term of Universal Music’s administration rights, which expire in 2025.”

 

Financial details of the deal weren’t disclosed.

 

Edited May 26, 2022 by Gui Blackout

[nathanspears]

I get it more so for older artists who are close to retiring but someone so young?! Isn't he going to have to pay someone else every time he performs his own songs?

 

[Khal]

Really interested in knowing how much. If Nelly Furtado could get $50m (no disrespect to her), I wonder how much Justin would get.

[Bloodflowers.]

What about his future releases from now on?

[SupremeGoddess]

Does this mean he’s retiring? Well thank god we won’t be bombarded with more obnoxious terrible outdated poorly produced headache inducing lyrics music  thank you mister Timberlake the best thing you’ve ever done in your career 

[Nightglitch]

[Erreur2 La Nature]

Is he retiring ? 

[fridayteenage]

so hipgnosis will get rights to trolls 3's music? how exciting

[bidet]

8 minutes ago, SupremeGoddess said:

Does this mean he’s retiring? Well thank god we won’t be bombarded with more obnoxious terrible outdated poorly produced headache inducing lyrics music  thank you mister Timberlake the best thing you’ve ever done in your career 

ok madge stan

 

OT: curious to know how much king got paid

[BOOMBAYAH]

Has he given up on music? I feel like with a carefully done rebrand, new look, and return to an R&B-infused sound he could have another era or two in him.

[Green]

A lot of artists are selling their music catalog these days

[bleuwaffle]

weird decision. his career is far from dead.

[Green]

30 minutes ago, BOOMBAYAH said:

Has he given up on music? I feel like with a carefully done rebrand, new look, and return to an R&B-infused sound he could have another era or two in him.

 

No, he just takes a lot of time to release music.

 

2002 Justified

2006 Future Sex/Love Sounds

2013 The 20/20 Experience Part I & II

2018 Man of the Woods

 

He could probably release something next year maybe? (5 years gap)

 

[gatito]

even man of the woods? 

[truthteller]

at least someone is buying man of the woods  

[VicHugo]

He can still make music. Tbh I’d do the same, they’re buying these catalogs for absurdly high prices. 

[imabadkid]

18 minutes ago, truthteller said:

at least someone is buying man of the woods  

breeze off the pond slaps tho tbh!

[Popboi.]

1 hour ago, nathanspears said:

I get it more so for older artists who are close to retiring but someone so young?! Isn't he going to have to pay someone else every time he performs his own songs?

 

No, also these are the same people that also bought Shakira’s catalogue and she is still releasing freely.

 

Maybe they will try to make profit rereleasing his catalogue with anniversary editions or so.

[Johnny Jacobs]

His music was trash after his second album anyways. He can retire 

 

 

[Rev8]

How much

[sugarysunflower]

I’m really wondering what plans Hipgnosis and Blackstone have in plans to make money off these catalogs in the future? The streams and physical sales are not going to claw profits and mechanical/publishing royalties from touring / radio is very volatile. 

[Totami Legend]

1 hour ago, Green said:

A lot of artists are selling their music catalog these days

yup cause streaming won't pay their bills 

[MadonnasBoyfriend]

Does this include 4 minutes

[JCsNumba1Fan]

These deals could have something to do with artists not getting paid enough for streaming, and physical sales being dead in the water, unless you are a Taylor, Adele or Harry. 
 

The money is in touring. I think artists who do this may have a plan to make touring their main source of income if they’re able to still sell out venues. I don’t like this man one bit, but he is undeniably a touring force. People still showed up to a concert for an album that was critically and fan panned. That says a lot. 

Edited May 26, 2022 by JCsNumba1Fan

[Harry]

can’t believe he would sell rihanna’s rehab to some dodgy company. it better be damn expensive coz girl