Justin Timberlake sells songs catalogue to Hipgnosis

completemusicupdate.com:

Hipgnosis has acquired the songs catalogue of Justin Timberlake. That’s right, Justin Timberlake. They just bought it right off him.

Whoosh, off it goes. WHOOSH!Is this one of those deals where Hipgnosis just takes a little stake in one a bit of a catalogue though?

No. It is not. It covers the whole bloody thing. 100% of all of Timberlake’s song copyrights – including both the publisher’s share and the writer’s share on the performing rights side.Hipgnosis will also admin the fuck out all those rights just as soon as Timberlake’s super tedious current admin deal with boring old Universal is out of the way.So, songs-wise, it’s seemingly the full combo.

Turns out, Timbo doesn’t want any of it. All those songs were just sitting around cluttering the bloody place up. But no more!