Hipgnosis says it has acquired “100% of all of Timberlake’s copyright, ownership and financial interests of the Writer and Publisher’s Share of Public Performance income, and the catalog of musical compositions written by Justin Timberlake”. Also included in the sale to Hipgnosis are the worldwide administration rights to the compositions, subject to the remaining Term of Universal Music Publishing Group’s administration rights.
Source: Justin Timberlake sells song catalog to Hipgnosis and its $1bn-backed Blackstone fund