By this time, it has become a familiar story: a famous artist signs a deal to sell his publishing rights for some big ticket amount. This has happened recently with artists such as Bob Dillon, Neil Young and Stevie Nick. Now, with the deal announced by Hipgnosis, a fairly young artist joined the Hypnotosis Songs Fund.
Hypnosis founder and CEO Merck Markuridis said this in a press announcement about the Shakira deal:
“At one time, this incredible woman from Colombia has grown into one of the most famous and influential people in the world. One that no one should ever take is one of the most serious and successful songwriters of the last.” 25 years, almost every song has been written or written. He is a prolific creator, leading the charge that the greatest physical success to date was a greater success in streaming than most of his contemporaries. This is the result. The world is incredibly passionate about her being a determined force of nature and writing songs. It is wonderful to welcome us, Shakira, the queen of Latin music and more, to the Hipgnosis family. “
All songs written by Shakira have been said to include 145 songs in their entirety, while the sale price is not low. Older “legacy acts” such as Dylan and Young have nine-figure purportedly associated with deals they’ve done, while younger artists such as Shakira and The Killers (who recently took the publishing rights to their pre-2020 catalog Have sold) kept the financial statement of their agreements close to the vest.
Shakira herself also gave a press statement about the sale of her publishing rights:
“Being a songwriter is an accomplishment that I equate to being a singer and an artist and maybe even more. At the age of 8 – long before I sang – I wrote to understand the world. Each song. There is a reflection. I was at the time when I wrote it, but once a song is out in the world, it is not only for me, but also for those who appreciate it. “
The sale comes as Shakira’s career has seen some other recent milestones, such as crossing 30 million subscribers on YouTube. According to Billboard, he is one of just 15 artists in the music business to do so.