NEW YORK – Shakira is the latest artist to sell her song catalog. The Colombian singer-songwriter sold all her music to Hipgnosis Songs Fund, a British investment company.
It was stated that the transaction also includes 100% of the copyright and interest income of the 145 songs written by Shakira, which include hits such as “Hips Do not Lie”, “Whenever, Wherever”, “Torture” , “She Wolf” and “Waka Waka”. The terms of the agreement were not disclosed.
Shakira, who recorded her first album at the age of 13, debuted in 1991 and has since sold over 80 million records. This makes her, according to Hipgnosis, the most successful Latin female artist of all time.
“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 composers of the last 25 years. , having written or co-written virtually every song he has recorded, “Merck Mercuriadis, founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited, said in a statement.
He described Shakira as “the Queen of Latin Music”.
The winner of three Grammy Awards and 12 Latin Grammys, among many other awards, rose to international fame with her 1995 album “Barefoot”, which was the success of “I’m Here”, and this one follow “Where Are the Thieves”, which topped Billboard’s Latin album chart for 11 weeks and included hits “Blind, Deaf-Mute” and “You”.
In 2001 he debuted in the English market with the album “Laundry Service”, which sold more than 13 million copies worldwide, and in 2005 he released “Oral Fixation, Vol. 1” and its English version, “Oral Fixation, Vol. 2 “, both major international hits.
“Being a singer-songwriter is a milestone that I consider equal or perhaps greater than being a singer and artist,” Shakira said in a statement. “At the age of eight – long before I sang – I wrote to make sense of the world. Every song is a reflection of the person I was at the time I wrote it, but once a song comes out into the world, no it belongs only to me but to those who also appreciate it. “
“I know Hipgnosis will be a wonderful home for my catalog – and I’m happy to partner with this Merck-led company, which truly values artists and their creations and is an ally for composers from around the world who care deeply. for the continuous life of his songs, “the artist added.
Among other hits, her 2009 single “She Wolf” was certified platinum in the United States and the following year she released the World Cup song “Waka Waka (This Time For Africa)”, which topped the popularity charts around the world.
Last year Jennifer Lopez led alongside the Super Bowl half-time show, one of the most coveted venues for any artist in the United States.
The announcement of the acquisition of Hipgnosis from Shakira’s catalog comes a week after it became known that Neil Young sold the company 50% of his music, and a month after Bob Dylan sold the rights to his more than 600 songs at Universal Music Publishing Group.