Current Events > Justin Timberlake sold his music catalog for $100 million

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g0ldie
05/26/22 11:48:55 PM
#1:


saw this on the rap & hip-hop board:

https://mobile.twitter.com/people/status/1529984751867777045

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JuanCarlos1
05/26/22 11:56:30 PM
#2:


Set for life

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Baha05
05/26/22 11:58:26 PM
#3:


So does this mean he no longer gets royalties for these songs?

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Alteres
05/27/22 12:00:35 AM
#4:


Baha05 posted...
So does this mean he no longer gets royalties for these songs?
Correct, they arent his

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Smashingpmkns
05/27/22 12:02:51 AM
#5:


Thats 20 mil an album and only one of them was good. I guess that's a pretty good deal for him. Doesn't seem like he's gonna pursue music anymore either.

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candyapplered
05/27/22 12:21:32 AM
#6:


He seems pretty young to do this but what do I know.

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Tyranthraxus
05/27/22 12:22:51 AM
#7:


Does this count the music he did for SNL?

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AlCalavicci
05/27/22 12:24:01 AM
#8:


If I were an artist I feel like it would feel weird to have someone else own my music

to each their own I guess

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Scorsese2002
05/27/22 12:29:35 AM
#9:


JuanCarlos1 posted...
Set for life

And banging Jessica Biel

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dameon_reaper
05/27/22 12:31:49 AM
#10:


JuanCarlos1 posted...
Set for life

Is he really? He may have money and get 100 million but I'm curious if he has anywhere to put it. What happens if he ends up using it? I assume celebrities live off their royalties..
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Tyranthraxus
05/27/22 12:37:24 AM
#11:


dameon_reaper posted...
Is he really? He may have money and get 100 million but I'm curious if he has anywhere to put it. What happens if he ends up using it? I assume celebrities live off their royalties..
He probably already had plans to invest that money in something else.

Besides royalties can expire it depends on the contract. Not every celebrity lives off royalties.

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TreyFlowers
05/27/22 12:41:17 AM
#12:


If you got $100mil, with smart investments that's gonna turn into a hell of a lot more

Hell, he could bank $30mil, invest the other $70mil and even if that $70mil went to $0 he'd live like a king

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Robot2600
05/27/22 2:05:49 AM
#13:


it's like the lotto, better to get the lump-sum money now and invest.

smart move unless he buys houses and then sells them at a loss (like many celebrities do).

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Returning_CEmen
05/27/22 2:07:11 AM
#14:


Why, his songs arent that memorable?

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bknight
05/27/22 2:10:26 AM
#15:


100 million doesn't seem like a lot, maybe it's the inflation talking
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iPhone_7
05/27/22 2:14:57 AM
#16:


So when hes older and in desperate need of cash hes not gonna be doing those music tours? Hopefully hes good with $

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TentacleDemon
05/27/22 2:15:57 AM
#17:


Tyranthraxus posted...
He probably already had plans to invest that money in something else.

Besides royalties can expire it depends on the contract. Not every celebrity lives off royalties.
And now instead of living off royalties he can be living off the money from the investments. Royalties don't keep up with inflation and can decrease over time as public interest in their music dereases. Investments will keep up with inflation and if they aren't bringing in as much as they used to, that money can shifted elsewhere to bring the cash flow back to expected levels.

Or maybe I'm dumb and don't know what I'm talking about.

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TreyFlowers
05/27/22 2:56:05 PM
#18:


iPhone_7 posted...
So when hes older and in desperate need of cash hes not gonna be doing those music tours? Hopefully hes good with $

If he blows $100mil he's got bigger problems

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Nemu
05/27/22 2:59:10 PM
#19:


dameon_reaper posted...
Is he really? He may have money and get 100 million but I'm curious if he has anywhere to put it. What happens if he ends up using it? I assume celebrities live off their royalties..
Depends on how he lives. There are probably some celebrities that could blow that amount in a few years and some who know their own limitations. Didn't Nicholas Cage blow like 200 million on houses and then lose them all?
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KINDERFELD
05/27/22 3:21:28 PM
#20:


Hmmm, I wonder what scandal he's getting ahead of...

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VandorLee
05/27/22 3:26:58 PM
#21:


Celebs get fancy expensive shit they dont need. If they bought normal crap then 100mills too much to spend...

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PrettyBoyFloyd
05/27/22 3:34:33 PM
#22:


Nemu posted...
Depends on how he lives. There are probably some celebrities that could blow that amount in a few years and some who know their own limitations. Didn't Nicholas Cage blow like 200 million on houses and then lose them all?

It happens.

Sports and Lottery winners too.

Like what's wrong with a decent house and maybe a new regular car every several years?


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The Popo
05/27/22 3:36:40 PM
#23:


Baha05 posted...
So does this mean he no longer gets royalties for these songs?

Alteres posted...
Correct, they arent his

Just the recorded versions, though, right? Didnt Taylor Swift re-record a bunch of her stuff so she could have version of her songs that she can claim ownership over? Id imagine JT can do that as well, if he really wanted to.

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PrettyBoyFloyd
05/27/22 3:38:29 PM
#24:


The Popo posted...
Just the recorded versions, though, right? Didnt Taylor Swift re-record a bunch of her stuff so she could have version of her songs that she can claim ownership over? Id imagine JT can do that as well, if he really wanted to.

I assume he can make new material and it'd be his.

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Irony
05/27/22 3:39:25 PM
#25:


candyapplered posted...
He seems pretty young to do this but what do I know.
41 isn't too young to have 100m

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LordYeezus
05/27/22 4:43:49 PM
#26:


Is NSYNC included?


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