Deals
Justin Timberlake Sells the Rights to His Song Catalog in $100 Million Deal
Justin Timberlake
Photographer: Christopher Polk/Getty ImagesJustin Timberlake sold the rights to his song catalog to Blackstone Inc.-backed Hipgnosis Song Management, Dow Jones reported, citing fund executives.
The deal was valued at just above $100 million, Dow Jones reported, citing people familiar with matter. It gives Hipgnosis full ownership and control over the pop star’s interest in some 200 songs he wrote or co-wrote spanning his career.