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Justin Timberlake sells song catalog to fund backed by Blackstone in deal valued at $100 million

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Justin Timberlake is the latest music star to sell the rights to his songs for a huge sum of money.
Buy, buy, buy. Pop superstar Justin Timberlake, who got his start in the boy band NSYNC, has sold the rights to his song catalog to Hipgnosis Song Management, the British firm announced Thursday. The deal was completed on behalf of Hipgnosis‘ partnership with private equity firm Blackstone, Hipgnosis Songs Capital. It is said to be valued at more than $100 million.

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