NY – Shakira is the latest artist to sell her song catalog. The Colombian singer-songwriter sold all his music to Hipgnosis Songs Fund, a British investment company.
It was specified 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, anywhere”, “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 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 she has ever recorded, “she said. in a statement Merck Mercuriadis, founder of The Family (Music) Limited and Hipgnosis Songs Fund Limited.
He called Shakira the “queen of Latin music.”
The winner of three Grammy Awards and 12 Latin Grammy Awards, among many other distinctions, gained international fame with her 1995 album “Pies descalzos”, followed by the hit “I’m here”, followed by “Where are the robbers “, which topped Billboard’s Latin records for 11 weeks and included the hits” Ciega, sordomuda “and” Tú “.
In 2001 he debuted 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 its Anglo version, “Oral Fixation, Vol. 2 “, both big international hits.
“Being a singer-songwriter is an achievement that I consider equal or perhaps greater than being a singer and an 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 , it belongs not only to me. for me, but for those who appreciate it too. “
“I know that Hipgnosis will be a wonderful home for my catalog – and I’m happy to be a partner with this Merck-led company that truly values artists and their creations and is an ally for composers everywhere who care deeply about life. of their pieces “, added the artist.
Among other achievements, his 2009 single “She Wolf” was certified platinum in the United States, and the following year he released the World Cup football song “Waka Waka (This Time For Africa)”, which reached the top of the charts. worldwide. world.
Last year, Jennifer Lopez co-hosted the Super Bowl break 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 was known that Neil Young sold 50% of his music to the company, and a month after Bob Dylan sold his rights to more than 600 songs for Universal Music Publishing. Group.