January 15th, 2021

Shakira sells music publishing rights to UK company


By Mesfin Fekadu, The Associated Press on January 13, 2021.

FILE - This Aug. 10, 2018 file photo shows Shakira performing in concert at Madison Square Garden in New York. The Board of Hipgnosis Songs Fund Limited, a U.K.-based investment company, has acquired 100% of Grammy-winning superstar Shakira's music publishing rights. Hipgnosis made the announcement Wednesday. Shakira's catalog includes 145 songs, including "Hips Don't Lie," "Whenever, Wherever," "La Tortura," "She Wolf" and "Waka Waka (This Time for Africa)." (Photo by Greg Allen/Invision/AP, File)

NEW YORK – The Board of Hipgnosis Songs Fund Limited, a U.K.-based investment company, has acquired 100% of Grammy-winning superstar Shakira’s music publishing rights.

Hipgnosis made the announcement Wednesday. Shakira’s catalogue includes 145 songs, including “Hips Don’t Lie,” “Whenever, Wherever,” “La Tortura,” “She Wolf” and “Waka Waka (This Time for Africa).”

Shakira, who released her debut album in 1991 at age 13, rose to international fame with her third album, 1995’s “Pies Descalzos.” The multitalented singer-songwriter-instrumentalist took the American pop scene by storm when she made her U.S. language debut, “Laundry Service,” in 2001. She’s won three Grammy Awards, 12 Latin Grammys, four MTV Video Music Awards, seven Billboard Music Awards and 39 Billboard Latin Music Awards. Overall, Shakira has sold 80 million albums.

“Being a songwriter is an accomplishment that I consider equal to and perhaps even greater than being a singer and an artist. At 8 years old – long before I sang – 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,” Shakira said in a statement. “I’m humbled that songwriting has given me the privilege of communicating with others, of being a part of something bigger than myself.”

The announcement of Hipgnosis acquiring Shakira’s catalogue comes a month after Bob Dylan sold his publishing rights of more than 600 songs to Universal Music Publishing Group. Last week, Neil Young said he was selling a 50% stake in his music to a British investment company.

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