city Song: Last News

Jem Aswad Executive Editor, Music The already-complicated battle over control of Hipgnosis Songs Fund grew even more so on Saturday, as the private equity firm Blackstone bid $1.5 billion to the troubled fund — which includes the rights to catalogs by Neil Young, Shakira, Blondie, Journey, Lindsey Buckingham and others — pushing aside Concord’s $1.4 offer made earlier in the week. Blackstone already owns two other elements of Hipgnosis — the investment fund Hipgnosis Songs Capital and the advisor Hipgnosis Song Management — and the move reflects founder Merck Mercuriadis’ determination to retain control of the company.

Katy Perry is the latest artist to sell her music rights.

Jem Aswad Executive Editor, Music Hipgnosis Songs Fund’s board of directors announced Thursday that the company will sell two segments of its song catalog in a bid to increase its stock price and pay down debt. The statement, made in a dense 20-page document capably translated into plain English by Billboard, reveals that one package of assets includes 29 catalogs worth around $440 million, which the Blackstone-backed entity, Hipgnosis Songs Capital, has agreed to acquire.

Justin Bieber is allegedly parting ways with his longtime manager, Scooter Braun.Details of the rumoured split were first shared by an outlet called Puck News, which reported that multiple sources have come forward, stating that Bieber is moving to end his working relationship with Braun.It also claims that the two now have scarce contact with one another, and haven’t spoken to each other “in months”.Braun has been the manager to the Canadian pop star since the beginning of his career, and although reasons behind their split have not yet come to light, the decision seems to fit into the large overhaul of things that Bieber and his wife, Hailey, have embarked on recently.As highlighted by Consequence, the singer-songwriter has created a whole new structure of those who work around him in the time since he cancelled his global tour last year. This has included him firing his agency, CAA, replacing his longtime lawyer with a new legal team and creating a partnership with Lou Taylor, one of the managers of Britney Spears’ controversial conservatorship.In the time since his cancelled tour, he has also sold the rights to his music to the Blackstone-backed Hipgnosis Songs Capital for $200 million earlier this year.If the move to part ways with Braun do turn out to be true, it may still be a while until ties can be completely severed.

Justin Bieber cut a casual figure as he stepped out in New York Saturday. The hitmaker, 28, abandoned his usual baggie jeans for a pair of gray oversized trousers with a white T-shirt.The Grammy winner bundled up against the chilly temperatures in a gray and white checked sweater with a large collar and black buttons, and covered his head with a gray toque.  Casual: Justin Bieber cut a casual figure as he stepped out in New York Saturday The Love Yourself artist completed the look with a pair of pink sneakers as he strolled through Greenwich Village.  Justin recently made headlines with reports he sold his music catalog for an estimated $200 million.A statement release Tuesday by Justin's manager Scooter Braun said, 'Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal.' Chilly: The hitmaker, 28, abandoned his usual baggie jeans for a pair of gray oversized trousers with a white T-shirt and bundled up against the chilly temperatures in a gray and white checked sweater and covered his head with a gray toqueHipgnosis Songs Capital bought the the rights to all eight of Justin's number one albums and all of hits going back to the beginning of his career.The move allows the venture capital company to earn royalties from the songs, and sell them for use in commercials, movies and TV shows. The Yummy singer has had to cut back on performing since he was diagnosed with Ramsey Hunt syndrome last June.

Hipgnosis has confirmed that its much rumoured deal with Justin Bieber is now in the bag. Under the deal, worth a reported $200 million, Hipgnosis acquires all of the star’s existing song rights, as well as artist royalty and remuneration rights in relation to his recordings.If you’re interested in the technicalities of who did the deal and where the cash came from to fund it, the whole thing was negotiated by Hipgnosis Song Management on behalf of Hipgnosis Songs Capital, which is Hipgnosis’s partnership with investment outfit Blackstone.Although it’s an extensive deal – with Hipgnosis also securing the so called writer’s share of song income – the price tag is particularly impressive given that Bieber is still only 28 years old.Most of the previous mega-bucks rights acquisition deals have involved older musicians with much longer careers and therefore catalogues that contain plenty of songs with proven longevity in terms of popularity and income generation.Although, as Hipgnosis was keen to point out in its statement confirming the deal, Bieber has impressive stats to accompany the impressive price tag.

Justin Bieber was seen for the first time since selling his entire music catalog on Tuesday for $200million while out in New York City with his wife Hailey.After allowing Hipgnosis Song Management to buy the musical rights to his work over the past 15 years, the pop star, 28, walked arm-in-arm with his spouse, 26, who sported a maroon t-shirt under a fuzzy black jacket.For their laid-back outing, he wore a mustard yellow tee, baggy white pants and cozy orange cardigan.  Feeling good: Justin Bieber was seen for the first time since selling his entire music catalog on Tuesday for $200million while out in New York City with his wife Hailey He completed his funky look with a beanie, white shades and green sneakers.  Meanwhile, Hailey showed off her sensational sense of style in flared jeans, black heeled boots and a gold-rimmed sunglasses over her hazel eyes.The Vogue cover girl styled her chic outfit with a pair of sparkly hoop earrings and minimal makeup as she showcased her natural beauty.  Looking good! After selling his music rights to Blackstone-backed Hipgnosis Songs Capital, the 28-year-old pop star walked arm-in-arm with his supermodel spouse, 26, who sported a maroon t-shirt under a fuzzy black jacket Chic: As she cut a casual figure in a pair of flared jeans and black heeled boots, the Rhode founder kept her hazel eyes concealed under a pair of gold-rimmed sunglassesTheir sighting comes after sources told Variety that Justin's songs will continue to be administered by Universal Music, where he has been throughout his 15-career. Founder of Hipgnosis Song Management Merck Mercuriadis released a statement on Tuesday about the acquisition which read: 'The impact of Justin Bieber on global culture over the last 14

Justin Bieber has sold his entire music catalog - featuring songs from his entire 15 year recording career - for a whopping $200million.The 28-year-old Canadian crooner has sold his music rights to Blackstone-backed Hipgnosis Songs Capital for over $200million the company announced on Tuesday.This comes just a month after the report that the pop megastar was closing in on a deal to sell his entire music catalog for nearly $200million, reported The Wall Street Journal at the time. Oh Baby! Justin Bieber has sold his entire music catalog - featuring songs from his entire 15 year recording career - for a whopping $200millionAt the time, the singer was reportedly in negotiations with Blackstone-backed Hipgnosis Songs Capital in a deal which would include both his publishing and recorded music catalog.

Justin Bieber is closing in on a deal to sell his entire music catalog for nearly $200million, reports The Wall Street Journal.The singer, 28, is reportedly in negotiations with Blackstone-backed Hipgnosis Songs Capital in a deal which would include both his publishing and recorded music catalog.The Sorry hitmaker - who recently hit out at H&M - has released six studio albums over the years, along with scores of singles and collaborations with artists including Ludacris, Nicki Minaj and Jaden Smith.  Wow: Justin Bieber is closing in on a deal to sell his entire music catalog for nearly $200million, reports The Wall Street Journal  (pictured August 2022)Hipgnosis Song Management offer investors the chance to earn royalties from the work of a diverse range of artists such as Barry Manilow and Beyonce. The reported deal with Bieber would be the biggest the company has ever negotiated.DailyMail.com has contacted representatives for Justin Bieber for comment.  The star is worth an estimated $300million and has sold 150million records worldwide, making him one of the most successful recording artists in history. Back in May Justin Timberlake  sold his entire song catalogue in a deal reportedly worth $100million.

Justin Timberlake is $100 million richer. On Thursday, it was revealed by The Wall Street Journal that the singer reached a music-rights deal valued at more than $100 million to Hipgnosis Songs Capital, a fund backed by private equity firm Blackstone.

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

Jem Aswad Senior Music EditorJustin Timberlake, one of the most successful pop singers of the past 20 years, has sold a song catalog to Hipgnosis Song Management, the company has announced.Hipgnosis has acquired 100% of all of Justin Timberlake’s copyright, ownership and financial interests of the writer and publisher’s share of public performance income, and the catalog of musical compositions written by Justin Timberlake, according to the announcement. Also included in the sale to Hipgnosis are the worldwide administration rights to the compositions, subject to the remaining term of Universal Music’s administration rights, which expire in 2025.