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Shakira sold her catalog of songs to an investment fund


Singer Shakira – Cover Images

Shakira resold her song catalog to Hipgnosis Songs Fund Limited as revealed
Billboard. The singer has therefore separated from her copyright on all of her 145 titles, including her hits. Whenever, Wherever, Hips Dont Lie or, Girl Like Me his recent collaboration with the Black Eyed Peas.

However, the agreement does not concern the star’s future compositions. Finally, its catalog will continue to be administered by Sony / ATV under a contract which runs for another seven years.

No figures disclosed regarding the amount of this sale

“Being a songwriter is an accomplishment that I might consider greater than being a singer and an artist. At 8 years old – long before singing – I wrote to make sense of the world. Each song is a reflection of who I was when I wrote it, but once a song comes out in the world, it no longer belongs to me but also to everyone who lives there. ‘appreciate,’ Shakira said in a statement.

No figure has been released regarding the amount of this sale, but it’s a safe bet that the amount is substantial. Especially since the catalogs of Latino artists seem particularly lucrative. Last November, Hipgnosis had already announced the purchase of 42 catalogs from Kobalt Music including in particular the hits of Enrique Iglesias Dancing and Hero. We also think of Bob Dylan who sold his entire catalog to Universal last month for $ 300 million.

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