NY – Shakira is the most recent artist to sell her song catalog. The Colombian singer-songwriter sold all of her music to Hipgnosis Songs Fund, a British investment company.
It was specified that the transaction will also include 100% of the copyrights and interest income of the 145 songs written by Shakira, including such hits as ‘Hips Don’t Lie’, ‘Whenever, Wherever’, ‘La torture’, “She Wolf and “Waka Waka.” Terms of the deal were not disclosed.
Shakira, who recorded her first album at the age of 13, debuted in 1991 and has since sold more than 80 million records. This makes her the most successful Latin female artist of all time, according to Hipgnosis.
Step by step, this incredible woman from Colombia has become one of the most famous and influential people in the world. What no one should take for granted is that she is one of the most serious and successful songwriters of the last 25 years, writing or co-wrote almost every song he’s ever recorded, ” Merck Mercuriadis, founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited, said in a statement.
He called Shakira “the queen of Latin music.”
The winner of three Grammy Awards and 12 Latin Grammy Awards, among many other accolades, achieved international acclaim with her 1995 album ‘Pies descalzos’, which followed the hit’ I’m here ‘, followed by’ Where are the the robbers, which topped Billboard’s Latin record list for 11 weeks and included the hits “Ciega, sordomuda” and “Tú”.
In 2001 he made his debut on the Anglo market with the album “Laundry Service”, which sold over 13 million copies worldwide, and in 2005 he released “Oral Fixation, Vol. 1” and the Anglo version “Oral Fixation”. , Vol. 2 “, both major international hits.
“Being a singer-songwriter is an achievement that I consider equal to or perhaps greater than a singer and artist,” Shakira said in a statement. “When I was eight years old – long before I sang – I wrote to make sense of the world. Each song is a reflection of the person I was when I wrote it, but once a song comes into the world, it is not only mine. for me but for those who appreciate it too. “
“I know Hipgnosis will be a wonderful home for my catalog – and I am delighted to be partnering with this Merck-led company, which truly values artists and their creations and is an ally for life-caring songwriters everywhere. of their songs, ”the artist added.
His 2009 single “She Wolf” went platinum in the United States, among others, and the following year he released the World Cup song “Waka Waka (This Time For Africa)” which hit the charts around the world. world.
Last year, Jennifer López led the Super Bowl halftime show, one of the most coveted spaces for any performer in the United States.
The announcement of the acquisition of Hipgnosis from Shakira’s catalog comes a week after it was announced that Neil Young had sold 50% of his music, and a month after Bob Dylan gave him the rights to his more than 600 songs for Universal Music Publishing Group.