Wall Street

Justin Timberlake latest artist to sell entire music catalog – for a reported $100M

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New York Daily News

Justin Timberlake is waving “bye, bye, bye” to his music. The 10-time Grammy Award-winning superstar is the latest music artist to part ways with his music catalog. News that he sold the rights to his song catalog to Hipgnosis Song Management, a billion-dollar fund backed by private equity firm Blackstone, broke Thursday. First reported by The Wall Street Journal, the deal was reported to be valued at just above $100 million, giving the London-based company full ownership and control over the former NSYNC frontman’s interest in some 200 songs he wrote or co-wrote throughout his entire career. …

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