Shakira sells all of his 145 songs

The Colombian super star of the pop Shakira has been converted by the ultimate artist to sell the rights of his 145 songs to Hipgnosis Songs Fund, which contributes in London, dijo the firm of inversion the mercoles, mientras the crisis of the coronavirus hunde las ganancias por los conciertos.

Hipgnosis Songs Fund is a British music and investment management company in the intellectual property of music, cofounded in 2018 by Nile Rodgers and Merck Mercuriadis, who is currently directing the career of figures such as Beyoncé or Elton John.

The three Grammy winner, famous for his songs like “Hips Don’t Lie”, “Whenever, Wherever”, “Underneath Your Clothes” in the 2010 FIFA World Cup song, “Waka Waka”, ha sold more than 80 million discs and a huge following of followers on the streaming music platforms Spotify and YouTube.

The case pandemic has bored the fans of the live concerts, and a recent list of musicians has sought to monetize their discographies. Bob Dylan sold his complete catalog last month and was followed by others like Neil Young.

An increase in reproductions on streaming platforms, which has sent various ancient writings to the top of the current lists, has summed up interest in investors. JP Morgan believes that Hipgnosis is an attractive investment that gives its members a large margin of debt due to the author’s rights.

“In those years, many antennas to sing, written for darling sentis all over the world”, Dijo Shakira, 43 years old, in a communication. “Each song is a reflection of the person who was at the time of writing, but one time a song was sold all over the world, not only did he belong to me, but also to those who are African”, he said. “If Hipgnosis is a big hit for my catalog”.

The inversion firm specializes in revealing financial details of the deal, the most recent of which is Hipgnosis’s last year with Neil Young, Fleetwood Mac guitarist Lindsey Buckingham and disc producer Jimmy Iovine.

Bob Dylan Sell ​​your complete catalog to Universal Music Group in December for an estimated 250 million dollars.

The founder of Hipgnosis, Merck Mercuriadis, saluted the accord with Shakira, called “the Queen of Latin Music”.

“She is one of the most serious composers and exits of the last 25 years, having written or co-written practically all the songs she has sung”, Dijo.

(With information from EFE y Reuters)

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