{"id":24840,"date":"2021-01-15T12:02:46","date_gmt":"2021-01-15T12:02:46","guid":{"rendered":"https:\/\/www.hitzmakers.com\/?p=24840"},"modified":"2021-01-15T12:02:46","modified_gmt":"2021-01-15T12:02:46","slug":"shakira-is-latest-star-to-sell-the-rights-to-her-songs","status":"publish","type":"post","link":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/","title":{"rendered":"Shakira is latest star to sell the rights to her songs"},"content":{"rendered":"<div id=\"attachment_24837\" style=\"width: 310px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-24837\" class=\"wp-image-24837 size-medium\" src=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1-300x169.jpg 300w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1-390x220.jpg 390w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg 696w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-24837\" class=\"wp-caption-text\">Shakira<\/p><\/div>\n<p>Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum.<\/p>\n<p>All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal.<br \/>\nThe songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide.<\/p>\n<p>The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music.<\/p>\n<p>Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front.<\/p>\n<p>With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year.<\/p>\n<p>That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties.<\/p>\n<p>Why Shakira?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-24838\" src=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/110747435_ropedance-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/110747435_ropedance-300x200.jpg 300w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/110747435_ropedance-768x512.jpg 768w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/110747435_ropedance.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham.<\/p>\n<p>Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years.<\/p>\n<p>Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards.<\/p>\n<p>Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries.<\/p>\n<p><iframe title=\"Shakira - Waka Waka (This Time for Africa) (The Official 2010 FIFA World Cup\u2122 Song)\" width=\"810\" height=\"456\" src=\"https:\/\/www.youtube.com\/embed\/pRpeEdMmmQ0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok.<\/p>\n<p>Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors.<\/p>\n<p>\u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement.<\/p>\n<p>\u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted.<\/p>\n<p>Why are all these artistes selling their music?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-24833\" src=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497599_gettyimages-105815709-300x249.jpg\" alt=\"\" width=\"300\" height=\"249\" srcset=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497599_gettyimages-105815709-300x249.jpg 300w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497599_gettyimages-105815709-768x638.jpg 768w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497599_gettyimages-105815709.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front.<\/p>\n<p>Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music.<\/p>\n<p>After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial.<\/p>\n<p>Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker.<\/p>\n<p>And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply.<\/p>\n<p>For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government.<\/p>\n<p>I thought artistes wanted to own their songs?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-24831\" src=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497595_gettyimages-562578883-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497595_gettyimages-562578883-300x169.jpg 300w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497595_gettyimages-562578883-768x432.jpg 768w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497595_gettyimages-562578883-390x220.jpg 390w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497595_gettyimages-562578883.jpg 976w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Certainly, a lot of musicians have gone to war over the rights to their music.<\/p>\n<p>Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest.<\/p>\n<p>And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will.<\/p>\n<p>Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view.<\/p>\n<p>Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control.<\/p>\n<p>Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy.<\/p>\n<p>So what does Shakira have to say about all of this?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-24832\" src=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497597_gettyimages-688547370-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497597_gettyimages-688547370-300x169.jpg 300w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497597_gettyimages-688547370-768x432.jpg 768w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497597_gettyimages-688547370-390x220.jpg 390w, https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/116497597_gettyimages-688547370.jpg 976w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting.<\/p>\n<p>\u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said.<\/p>\n<p>\u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well.<\/p>\n<p>\u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.<\/p>\n\n<script>\nvar zbPregResult = '0';\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[11,14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Download MP3: Shakira is latest star to sell the rights to her songs<\/title>\n<meta name=\"description\" content=\"Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide. The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music. Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front. With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year. That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties. Why Shakira? Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham. Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years. Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards. Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries. The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok. Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors. \u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement. \u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted. Why are all these artistes selling their music? Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front. Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music. After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial. Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker. And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply. For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government. I thought artistes wanted to own their songs? Certainly, a lot of musicians have gone to war over the rights to their music. Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest. And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will. Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view. Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control. Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy. So what does Shakira have to say about all of this? In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting. \u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said. \u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well. \u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Download MP3: Shakira is latest star to sell the rights to her songs\" \/>\n<meta property=\"og:description\" content=\"Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide. The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music. Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front. With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year. That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties. Why Shakira? Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham. Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years. Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards. Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries. The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok. Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors. \u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement. \u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted. Why are all these artistes selling their music? Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front. Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music. After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial. Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker. And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply. For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government. I thought artistes wanted to own their songs? Certainly, a lot of musicians have gone to war over the rights to their music. Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest. And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will. Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view. Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control. Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy. So what does Shakira have to say about all of this? In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting. \u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said. \u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well. \u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/\" \/>\n<meta property=\"og:site_name\" content=\"HitzMakers.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-15T12:02:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hitzmakers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hitzmakers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Download MP3: Shakira is latest star to sell the rights to her songs","description":"Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide. The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music. Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front. With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year. That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties. Why Shakira? Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham. Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years. Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards. Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries. The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok. Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors. \u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement. \u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted. Why are all these artistes selling their music? Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front. Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music. After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial. Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker. And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply. For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government. I thought artistes wanted to own their songs? Certainly, a lot of musicians have gone to war over the rights to their music. Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest. And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will. Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view. Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control. Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy. So what does Shakira have to say about all of this? In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting. \u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said. \u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well. \u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/","og_locale":"en_US","og_type":"article","og_title":"Download MP3: Shakira is latest star to sell the rights to her songs","og_description":"Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide. The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music. Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front. With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year. That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties. Why Shakira? Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham. Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years. Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards. Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries. The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok. Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors. \u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement. \u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted. Why are all these artistes selling their music? Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front. Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music. After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial. Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker. And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply. For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government. I thought artistes wanted to own their songs? Certainly, a lot of musicians have gone to war over the rights to their music. Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest. And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will. Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view. Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control. Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy. So what does Shakira have to say about all of this? In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting. \u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said. \u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well. \u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.","og_url":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/","og_site_name":"HitzMakers.com","article_published_time":"2021-01-15T12:02:46+00:00","og_image":[{"width":696,"height":391,"url":"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg","type":"image\/jpeg"}],"author":"Hitzmakers","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Hitzmakers","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/","url":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/","name":"Download MP3: Shakira is latest star to sell the rights to her songs","isPartOf":{"@id":"https:\/\/www.hitzmakers.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/#primaryimage"},"image":{"@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg","datePublished":"2021-01-15T12:02:46+00:00","dateModified":"2021-01-15T12:02:46+00:00","author":{"@id":"https:\/\/www.hitzmakers.com\/#\/schema\/person\/38be440f11812756e19b06cb635c3e92"},"description":"Shakira has become the latest artiste to sell the rights to her music for a multi-million dollar sum. All 145 of her songs, including \u2018Hips Don\u2019t Lie\u2019, \u2018Whenever\u2019 Wherever\u2019 and \u2018She Wolf\u2019, are included in the deal. The songs have made her the best-selling female Latin artiste of all time, with 80 million records sold worldwide. The deal was struck with the Hipgnosis Song Fund, which also recently acquired Bob Dylan and Neil Young\u2019s music. Hipgnosis company did not disclose financial details of the sale, but it typically pays the equivalent of 15 years\u2019 royalties up front. With tax relief, many walk away with \u201cabout 25 years worth of money in one fell swoop\u201d, the company\u2019s founder, Merck Mercuriadis, told the BBC last year. That provides the artistes with immediate financial security, while Hipgnosis \u2013 which owns the songs in perpetuity \u2013 hopes to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties. Why Shakira? Hipgnosis has been on a billion-dollar spending spree over the last few years, snapping up the rights to music by artistes like Nile Rodgers, Bob Dylan, Blondie, Barry Manilow, Chrissie Hynde and Fleetwood Mac\u2019s Lindsey Buckingham. Shakira\u2019s hits came more recently than those \u201clegacy\u201d artistes, but she is one of the most successful singer-songwriters of the last 25 years. Since releasing her first album in 1991, at the age of 13, she has sold more than 80 million records, won three Grammy Awards and 12 Latin Grammy Awards. Her first English-language album, Laundry Service, was bought by more than 13 million fans in 2001, while her hit singles include Whenever, Wherever, Underneath Your Clothes, Hips Don\u2019t Lie and the 2010 Fifa World Cup song Waka Waka (This Time For Africa), which topped the charts in 15 countries. The star\u2019s most recent album, El Dorado, was certified diamond in the US. She is one of only three female artistes to have two videos exceeding two billion views on YouTube. And her latest single, Girl Like Me, has spawned a viral dance craze on Tik Tok. Last year, she starred in the Super Bowl half-time show alongside Jennifer Lopez, giving her song catalogue a further boost \u2013 and increasing its value to investors. \u201cShe is a superb creator who has led the charge from what was massive physical success to now having bigger success in streaming than most of her contemporaries,\u201d said Mercuriadis in a statement. \u201cThis is the result of her being a determined force of nature and having written songs the world is incredibly passionate about,\u201d the statement noted. Why are all these artistes selling their music? Financial security is the obvious reason. Rather than gambling that their songs will continue earn royalties, for the next 25 years, singers like Shakira get a lump sum up-front. Hipgnosis\u2019s pitch to musicians is that they are not a traditional publisher, exploiting the rights of a composition, but a \u201csong management company\u201d that will ensure an artist\u2019s legacy by careful stewardship of their music. After buying a 50% take in Neil Young\u2019s catalogue, for example, Mercuriadis promised that the singer\u2019s classic track Heart of Gold would never be found on a burger commercial. Hipgnosis is not the only company in the game. Earlier this week, investment company KKR (Kohlberg Kravis Roberts) bought the rights to 500 songs written by Ryan Tedder \u2013 including tracks like Ed Sheeran\u2019s Happier, Camila Cabello\u2019s Into It and the Jonas Brothers\u2019 Sucker. And the US-based Primary Wave recently bought the rights to music by Stevie Nicks, Leon Russell, Leo Sayer and soft-rock duo Air Supply. For Shakira, another factor in selling up could be the \u20ac14.5m (\u00a313m) tax bill she recently faced from Spanish government. I thought artistes wanted to own their songs? Certainly, a lot of musicians have gone to war over the rights to their music. Paul McCartney famously fell out with Michael Jackson after he bought the rights to the Beatles songs in the 1980s. Prince spent most of the 1990s battling record label Warner Bros over the ownership of his music \u2013 even writing the word \u201cslave\u201d on his face in protest. And right now, Taylor Swift is busily re-recording all of her first six albums, after the master tapes (i.e. the original recordings) were sold to a private investment company against her will. Someone like Swift is unlikely to sell her publishing rights (which cover the music and lyrics) but other artists will take a different view. Sophisticated buyers work hand-in-hand with musicians, defining how their songs and recordings can (and cannot) be used. And some artists, like Neil Young, have only sold a portion of their rights \u2013 meaning they retain a degree of control. Another potential benefit of selling is that, when an artist dies, their music won\u2019t be tied up in ugly and lengthy family battles over who will manage their legacy. So what does Shakira have to say about all of this? In a statement, the Colombian said Hipgnosis would be a \u201cgreat home\u201d for her music, and waxed lyrical about her love of songwriting. \u201cBeing a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist, \u201d she said. \u201cAt eight years old \u2013 long before I sang \u2013 I wrote to make sense of the world. Each song is a reflection of the person I was at the time that I wrote it, but once a song is out in the world, it belongs not only to me but to those who appreciate it as well. \u201cI\u2019m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself,\u201d the statement noted.","breadcrumb":{"@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/#primaryimage","url":"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg","contentUrl":"https:\/\/www.hitzmakers.com\/wp-content\/uploads\/2021\/01\/Shak-696x391-1.jpg","width":696,"height":391},{"@type":"BreadcrumbList","@id":"https:\/\/www.hitzmakers.com\/shakira-is-latest-star-to-sell-the-rights-to-her-songs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hitzmakers.com\/"},{"@type":"ListItem","position":2,"name":"Shakira is latest star to sell the rights to her songs"}]},{"@type":"WebSite","@id":"https:\/\/www.hitzmakers.com\/#website","url":"https:\/\/www.hitzmakers.com\/","name":"HitzMakers.com","description":"Latest Music Updates Hotspot!!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hitzmakers.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.hitzmakers.com\/#\/schema\/person\/38be440f11812756e19b06cb635c3e92","name":"Hitzmakers","url":"https:\/\/www.hitzmakers.com\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/posts\/24840"}],"collection":[{"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/comments?post=24840"}],"version-history":[{"count":1,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/posts\/24840\/revisions"}],"predecessor-version":[{"id":24841,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/posts\/24840\/revisions\/24841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/media\/24837"}],"wp:attachment":[{"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/media?parent=24840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/categories?post=24840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hitzmakers.com\/wp-json\/wp\/v2\/tags?post=24840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}