Justin Timberlake Banks Reported $100M For Selling His Entire Music Catalog

BYHayley Hynes5.3K Views
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Justin Timberlake
JT's discography includes "Justified," "FutureSex/LoveSounds," and "Man of the Woods," among others.

Justin Timberlake is only beginning to embark on his 40s, but from the sounds of his latest business deal, the Tenessee native is ready to move on from his past in music and step into a new chapter of his career. As PEOPLE reports, it was revealed on Thursday, May 26th that Timberlake has made the decision to part with his entire catalog.

The Social Network actor has been working with Hipgnosis Song Management (backed by private-equity firm Blackstone) to come to an agreement including "copyrights of approximately 200 songs that Timberlake wrote or co-wrote," including hits like "SexyBack," "Can't Stop the Feeling," and "Mirrors."

Justin Timberlake Banks Reported $100M For Selling His Entire Music Catalog
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At this time, the official financials remain unknown, but it's been estimated that the deal is worth just over $100 million, according to sources familiar with the matter.

"Justin Timberlake is not only one of the most influential artists of the last 20 years but he's also one of the greatest songwriters of all time," founder and CEO of Hipgnosis Song Management Merck Mercuriadis said in a press release. "His hit songs including 'Cry Me A River,' 'Rock Your Body,' 'SexyBack,' 'My Love,' 'What Goes Around… Comes Around,' 'Suit & Tie,' 'Mirrors' and 'Can't Stop The Feeling' are amongst the most iconic of the period."

He went on to call working with Timberlake on the deal "a labour of love," adding, "I'm delighted to welcome them all to the Hipgnosis Family. This is the beginning of what we believe will be an incredible relationship important to us all."

The FutureSex/LoveSounds artist also shared a statement, revealing that he's looking forward to "entering this next chapter" of his career.

"I am excited to be partnering with Merck and Hipgnosis," the former boyband member said. "[Mercuriadis] values artists and their creative work and has always been a strong supporter of songwriters and storytelling."


As PEOPLE notes, other stars to sell their own music catalogs in recent years include Bob Dylan, Sting, and Bruce Springsteen. Are you surprised by Justin Timberlake's decision? Sound off in the comments below, and tap back in with HNHH later for more music news updates.

[Via]


About The Author
Hayley Hynes is the former Weekend Managing Editor of HotNewHipHop, she stepped down after two years in 2024 to pursue other creative opportunities but remains on staff part-time to cover music, gossip, and pop culture news. Currently, she contributes similar content on Blavity and 21Ninety, as well as on her personal blog where she also offers tarot/astrology services. Hayley resides on the western side of Canada, previously spending a year in Vancouver to study Fashion Marketing at Blanche Macdonald Centre and Journalism at Mount Royal University in Calgary before that. She's passionate about helping others heal through storytelling, and shares much more about her life on Instagram @hayleyhynes.