Hiphopproducer, songwriter and rapper Timbaland, the afspeelrechten of his musical oeuvre has been sold to a muziekinvesteerder Hipgnosis, the company that Chic frontman Nile Rodgers on the board there. Hipgnosis has the ability to pay for it, for example, to the stream of well over a hundred albums and songs by Justin Timberlake, Madonna, Drake, reported Variety Wednesday.
The amount involved in the deal are not being disclosed. Hipgnosis to his own words, ” more than six thousand songs, with a value of $ 1.3 billion (about 1,17 billion euro). The company has rights for, among others, Eurythmics-the band of Dave Stewart’s been purchased.
Other performers for the who is Timothy Zachery Mosley, is the real name of Timbaland, song, wrote, or produced it, are, among others, Missy Elliott, Aaliyah, Jay-Z, Nelly Furtado, 50 Cent, 2Pac, and Rihanna. Timbaland contributed to several albums by Timberlake, which is a total of more than thirty million people in the u.s. went up. From the album, Loose, on Furtado’s 2006, where the producer is also involved, they were twelve million copies have been sold.
The 47-year-old Timbaland’s brought himself into the 2007 album Shock Value from it. This album gained the platinum status in the United States of america, including the hits Give It to Me (featuring Timberlake and Furtado), and ” The Way I Are.
It is in the European tax haven of Guernsey, registered Hipgnosis, is listed on the London stock exchange. At the initial public offering by 2018, the company raised over 400 million in the ipo of the company.