Shakira becomes latest artist to sell rights to catalogue of hits – The Guardian

Shakira
Colombian singer-songwriter offers rights to her 145-song brochure for undisclosed amount

The Colombian vocalist Shakira has actually ended up being the most recent big name artist to capitalize her brochure of hits, selling the publishing rights to the London-based music royalties investment firm Hipgnosis.The most effective female Latin singer of all-time, with more than 80m album sales to her name, Shakira has actually sold the rights to her 145-song catalogue for a concealed amount. The three-time Grammy award winners string of hits, which began with the release of her very first album in 1991 at the age of 13, consist of Hips Dont Lie, Whenever, Wherever and the 2010 Fifa World Cup song Waka Waka.
“Being a songwriter is an achievement that I consider equal to and perhaps even greater than being an artist and a vocalist,” said Shakira. “At eight years of ages, long before I sang, I wrote to understand the world. I understand Hipgnosis will be a terrific home for my brochure.”The streaming boom has encouraged investors to put their cash into companies like Hipgnosis, a London stock market-listed outfit, which receives a cut of the royalties from the songs it owns each time they are played on the radio, streamed, or used in places like department stores, along with earnings from sales of albums, singles and use in TELEVISION adverts and movies. Hipgnosis, which was co-founded by the legendary manufacturer Nile Rodgers, has raised ₤ 1.2 bn from investors since launching in 2018, and has gotten more than 120 catalogues to date.Last month, Bob Dylan offered the publishing rights to his entire brochure of 600 songs, consisting of Blowin in the Wind and Knockin on Heavens Door, to Universal Music for an approximated $300m (₤ 220m) in the most significant music publishing deal in years.
Stars with evergreen hits such as Dolly Parton– who manages the rights to 3,000 tunes including I Will Always Love You, the 1992 cover of which by Whitney Houston was a global phenomenon, and 9 to 5– have actually said they are thinking about offering up as part of “estate preparation” as they get nearer to the end of their careers. Others consist of Barry Manilow, Chrissie Hynde and Stevie Nicks, the Fleetwood Mac singer and solo artist who sold a majority stake in her brochure for $100m to the music publisher Primary Wave.Hipgnosis has actually stated that it has actually currently identified a pipeline of brochures worth more than ₤ 1bn that it is in discuss purchasing this year. Last week, the company revealed 3 deals paying an approximated $150m for a 50% share of the rights to Neil Youngs 1,180 songs, purchased the brochure of the former Fleetwood Mac guitarist Lindsey Buckingham and reached an offer with the super-producer Jimmy Iovine.Iovine, who co-founded the headphones maker Beats with Dr Dre which was consequently bought by Apple for $3bn in the tech firms biggest ever deal, has production rights to a 259-track catalogue that consists of albums created with John Lennon, Bruce Springsteen and Tom Petty and the Heartbreakers. He likewise co-produced 8 Mile, the 2002 movie starring Eminem, that included the mega-hit Lose Yourself, and the film Get Rich or Die Tryin, which starred the rap artist 50 Cent.

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I understand Hipgnosis will be an excellent home for my brochure. Hipgnosis, which was co-founded by the legendary producer Nile Rodgers, has raised ₤ 1.2 bn from investors considering that releasing in 2018, and has acquired more than 120 catalogues to date.Last month, Bob Dylan offered the publishing rights to his entire catalogue of 600 tunes, including Blowin in the Wind and Knockin on Heavens Door, to Universal Music for an estimated $300m (₤ 220m) in the most significant music publishing deal in years.
Stars with evergreen hits such as Dolly Parton– who controls the rights to 3,000 tunes including I Will Always Love You, the 1992 cover of which by Whitney Houston was an international phenomenon, and 9 to 5– have stated they are thinking about selling up as part of “estate planning” as they get nearer to the end of their careers. Others include Barry Manilow, Chrissie Hynde and Stevie Nicks, the Fleetwood Mac singer and solo artist who sold a bulk stake in her brochure for $100m to the music publisher Primary Wave.Hipgnosis has actually said that it has already recognized a pipeline of brochures worth more than ₤ 1bn that it is in talks about purchasing this year. Last week, the business revealed three offers paying an estimated $150m for a 50% share of the rights to Neil Youngs 1,180 tunes, bought the brochure of the previous Fleetwood Mac guitarist Lindsey Buckingham and reached a deal with the super-producer Jimmy Iovine.Iovine, who co-founded the earphones maker Beats with Dr Dre which was subsequently snapped up by Apple for $3bn in the tech firms largest ever offer, has production rights to a 259-track catalogue that includes albums developed with John Lennon, Bruce Springsteen and Tom Petty and the Heartbreakers.

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