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(Alliance News) - Hipgnosis Song Management Ltd said Thursday it has bought the song catalogue of singer, songwriter and record producer Justin Timberlake.
No financial details were provided by Hipgnosis. It said it acquired 100% of the copyright, ownership and financial interests of the writer and publisher's share of public performance income. Also included are worldwide administration rights to the compositions, starting after 2025.
Timberlake rose to fame in 1995 as a member of NSync and went on to a solo music career, working with the likes of producers such as Pharrell Williams and Timbaland. As an actor, he appeared in 'The Social Network' and other films.
The Memphis, Tennessee native has released five solo studio albums to date: 'Justified', 'FutureSex/LoveSounds', 'The 20/20 Experience', 'The 20/20 Experience - 2 of 2' and 'Man of the Woods'.
The purchase was made on behalf of Hipgnosis Songs Capital, the partnership with funds managed by US private equity firm Blackstone Inc for which Hipgnosis Song Management is the investment advisor.
Hipgnosis Song Management also is the investment advisor for FTSE 250-listed Hipgnosis Songs Fund Ltd
By Tom Waite; thomaslwaite@alliancenews.com
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