×
You will be redirected back to your article in seconds

Hipgnosis Songs Acquires Timbaland Catalog

The fast-rising Hipgnosis Songs Fund Limited continues its aggressive growth surge, acquiring a catalog from songwriter-producer-artist Timbaland that comprises 108 albums and songs.

Timbaland is one of the most successful songwriter-producers in the hip-hop/R&B realm: The catalog includes hits by Justin Timberlake, Missy Elliott, Aaliyah, Jay-Z, Nelly Furtado, 50 Cent, Madonna, 2Pac, Rihanna, Drake and many others.

Timberlake’s albums, all of which include significant Timbaland contributions, have sold “an aggregate” 32 million copies globally, according to the announcement, and include such smash singles as “SexyBack,” “My Love” and “What Goes Around…Comes Around.” Furtado’s “Loose” album has sold more than 12 million copies globally and includes the hit singles “Promiscuous” and “Maneater.”

Timbaland’s solo efforts include his platinum 2007 album “Shock Value,” which includes the hits “Give It to Me” (featuring Timberlake and Furtado) and “The Way I Are.”

Hipgnosis cofounder Merck Mercuriadis said: “Ask any of today’s greatest creators who their biggest influences are and the one name that appears on everybody’s list is Timbaland. His iconic records with Aaliyah, Jay Z, Missy Elliot, Nelly Furtado, and Justin Timberlake amongst many others are iconic and will be remembered forever.”

Timbaland said: “Merck is a visionary who I know appreciates the value of my musical life work. My music is in great hands.” His manager, Gary Marella, said: “It’s important to all creators that their work is in the right hands. Merck’s respect for music creators is unparalleled. We are pleased to have part of Tim’s iconic catalogue with Merck and Hipgnosis.”

In August, Hipgnosis raised $62.8 million — which, combined with the initial $265 million it raised before the company debuted on the London Stock Exchange last July, and an additional $185 million it raised earlier this year, put the company above $500 million raised to date.

Sources tell Variety that Hipgnosis is on the verge of making a major production rights deal — a trend that was profiled in Variety earlier this week — and Mercuriades said recently that the company is in the process of staking a foothold in the U.S. by acquiring a pair of Los Angeles-based publishing companies, although he declined to reveal which ones.

Founded by Mercuriades and Chic cofounder Nile Rodgers, the company has acquired full or partial stakes in the catalogs of many songwriters who have enjoyed multiple global hits, including The ChainsmokersEurythmics’ Dave Stewart, The-Dream, Tricky Stewart, Poo Bear, the late Chic co-founder Bernard Edwards, Johnta Austin and Sean Garrett. Its holdings now include more than 6,000 songs worth more than $1.3 billion, it recently told investors.

 

 

More Music

  • taylor swift, scott borchetta and scooter

    Leave Taylor Alone! Why Swift Action Is Needed Now (Guest Column)

    I am heated. I see red. I’m referring, of course, to the latest public dust-up between Taylor Swift, Scooter Braun and Scott Borchetta. Mainly, it’s Taylor I’m focused on. Taylor Swift is many things to many people. She’s a victim to some. She’s an inspiration to others. Everyone is invested in the Taylor Swift story [...]

  • Stephen Sondheim's 'Follies' in the Works

    Stephen Sondheim's 'Follies' in the Works as a Movie From Heyday, BBC Films

    David Heyman’s Heyday Films, whose credits include “Gravity,” “Once Upon a Time in Hollywood,” “Marriage Story” and the Harry Potter and Fantastic Beasts franchises, and BBC Films have secured the film rights to Stephen Sondheim and James Goldman’s musical “Follies.” “Follies” will be adapted for the screen and directed by Dominic Cooke, a four-time Olivier [...]

  • Justin Timberlake'Trolls' film premiere, Los Angeles,

    Justin Timberlake Returns as a Performer and Producer for 'Trolls World Tour' Soundtrack

    Pop star Justin Timberlake, who earned an Oscar nomination for his contribution to the first “Trolls” movie three years ago, is returning to the franchise as the executive music producer of Dreamworks Animation’s “Trolls World Tour” soundtrack, scheduled for this March. . Assisted by Grammy and Academy Award-winning composer/producer Ludwig Göransson, Timberlake produced, wrote and [...]

  • Obit Obituary Placeholder

    Alex Berdoff, Marketing Executive at Scooter Braun's SB Projects, Dies at 31

    Alex Berdoff, a VP of marketing at SB Projects, died on Nov. 11 in New York City at the age of 31. He had been diagnosed with Ewing Sarcoma. In the six-plus years Berdoff worked at SBP, he played an integral role in devising strategic marketing campaigns for the entertainment and media company’s management roster, [...]

  • Ciara arrives at the red carpet

    Ciara to Host 2019 American Music Awards; Kesha Joins as Performer

    Ciara has been named as host of the 2019 American Music Awards, returning to the show after appearing as a performer alongside Missy Elliott on last year’s telecast. The singer is not a newcomer to hosting duties, having previously presided over the Billboard Music Awards three years ago. Prior to performing her single “Level Up” [...]

  • Wu-Tang Clan Children Form Group, 2nd

    Wu-Tang Clan Children Form Group, 2nd Generation Wu (Listen)

    Considering the Wu-Tang Clan’s sprawling membership — nine core members with a couple dozen auxiliary members — it’s not surprising that, a year after the group belatedly celebrated its 25 th anniversary, several of its offspring have formed a group called 2 nd Generation Wu. The group’s members consist of U-God’s son iNTeLL, Method Man’s son [...]

More From Our Brands

Access exclusive content