Deals
Shakira Sells the Rights to Her 145-Song Catalog
- ‘She Wolf’ and ‘Hips Don’t Lie’ star is latest deal for fund
- Hipgnosis bets streaming makes music an indispensable utility
Hipgnosis Songs Fund Ltd. snapped up the 145-song catalog of Colombian pop star Shakira, doubling down on the thesis that hit records have become an attractive asset class.
The deal on Wednesday continued a busy 2021 for the London-based song-rights investment company, which last week announced deals for rights to music by producer Jimmy Iovine, Fleetwood Mac guitarist Lindsey Buckingham, and folk-rock star Neil Young.