Justin Timberlake is the latest artist to sell his catalog for a lot of money.
Hipgnosis Song Management announced today that they had bought JT's entire publishing-- meaning songs he wrote or co-wrote -- roster for an estimated $100 million.
Hipgnosis is getting over 200 songs, including number one hits "SexyBack," "Can't Stop the Feeling" and "Mirrors." Timberlake also wrote songs for artists like Rihanna and Madonna.
However, very few of Timberlake's NSYNC tracks are in the deal as he's not a writer on most boy bands' catalogs.
"These are not only some of the most culturally important songs and extraordinarily successful songs of the last 25 years, but they're going to continue to be so for decades and decades to come," said Hipgnosis boss Merck Mercuriadis. "I want Justin to be proud to be standing next to Nile Rodgers, and I want Nile Rodgers to be proud to be standing next to Neil Young, and I want Neil Young to be proud to be standing next to Chrissie Hynde, and I want Chris Hynde to be proud to be standing next to Timbaland."