CNN reports Justin Timberlake has sold the entirety of his song catalog.
Hipgnosis Song Management announced on May 26 the purchase of copyrights on nearly 200 songs including Timberlake's No. 1 songs, "SexyBack" and "Mirrors."
According to 'The Wall Street Journal,' a dollar figure has yet to be disclosed but the deal is said to be worth upwards of $100 million. Timberlake's sell-off reflects a trend of music stars who've chosen to do the same such as Bruce Springsteen, Stevie Nicks, Neil Young and Bob Dylan.
At just 41, Timberlake is one of the younger stars to choose to sell the rights to his catalog of hit songs.
Justin’s incredible catalogue will join other amazing works at Hipgnosis which we know will serve as a great steward of his work. , Justin Timberlake spokesperson, via CNN.
These are not only some of the most culturally important songs and extraordinarily successful songs of the last 25 years. but they’re going to continue to be so for decades and decades to come, Merck Mercuriadis, Hipgnosis CEO, via CNN.