Justin Timberlake sells music catalog in reported $100M deal
by: David Royer
MEMPHIS, Tenn. — Justin Timberlake has sold his music catalog for a reported $100 million, according to several sources including the Wall Street Journal.
Sources say Hipgnosis Song Management bought 100% of Timberlake’s publishing rights, mainly from his career as a solo artist after he was a member of the group NSYNC.
Songs now under the control of the Blackstone-backed music rights management group include “SexyBack” and “Can’t Stop the Feeling.”
Timberlake is a Memphis-area native who grew up in the Shelby Forest area before finding fame as an entertainer in the 1990s. He is a part owner of the Memphis Grizzlies basketball team.