Justin Timberlake Sells Song Catalog to Hipgnosis

Pops superstar Justin Timberlake, who started with the boy band NSYNC, has sold the rights to his song catalog to Hipgnosis Song Management, the British company announced Thursday.

The deal was made on behalf of Hipgnosis' partnership with Blackstone, Hipgnosis Songs Capital. It is said to be worth more than $100 million. The Wall Street Journal, which first reported it, added that the deal does not cover future releases of Justin Timberlake.

Justin Timberlake said in a release that he is excited about the partnership and looks forward to entering the next chapter. He is the latest music star to sell the rights to his songs for a huge amount. His earlier hits include “Cry me a River,” “SexyBack,” Can’t Stop the Feeling” and NSYNC songs such as “Bye Bye Bye.”

In December, Bruce Springsteen sold the catalog to Sony for $550 million. A month later, in January of that year, Bob Dylan also sold a catalog of recorded music to Sony. It was after Dylan sold his songwriting catalog to Universal Music Publishing Group in December 2020. Tina Turner sold her catalog to BMG in October for about $50 million.