Justin Timberlake better put on his best suit and tie for this deal.
On May 26, it was announced that the singer, 41, has sold his entire song catalog--which includes Billboard chart-topping hits like"Cry Me A River,""Rock Your Body,""Not A Bad Thing" and"Seorita"--to Hipgnosis Song Management. The deal is reportedly worth $100 million, per"I am excited to be partnering with [Hipgnosis founder and CEO Merck Mercuriadis]," Timberlake said in a statement.
In addition to his entire music catalog, Hipgnosis will also own Timberlake's copyright, ownership and the financial interests of the writer and publisher's share of the star's public performance income going forward.
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