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Shakira is the latest artist to sell her music publishing rights.
The Colombian performer, whose music has won him three Grammys during his career, has transferred his entire catalog of 145 songs to Hipgnosis Songs Fund Limited, a UK-based investment company.
The company announced the acquisition on Wednesday via Twitter and welcomed ‘Hips Don’t Lie’ singer, 43, to its IP list, calling Shakira “one of the most serious and successful songwriters of the past 25 years.”
“Welcome to the Hipgnosis @shakira family,” the founder of Merck Mercuriadis wrote on Wednesday. writes virtually every song she’s ever recorded. “
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Shakira released her first album in 1991 at just 13 years old. She achieved international fame in 1995 with the release of her third album, “Pies Descalzos”.
However, it wasn’t until 2001, when Shakira made her foray into American pop music, that she gave up on her American-language debut, “Laundry Service,” and as the saying goes – the rest is up to you. to history.
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For her life’s work as a singer-songwriter and instrumentalist, Shakira has garnered great international acclaim, winning three Grammy Awards, 12 Latin Grammys, four MTV Video Music Awards, seven Billboard Music Awards and 39 Billboard Latin Music Awards.
She also has six Grammy nominations to her name.
To date, the “She Wolf” singer has sold 80 million albums worldwide – and her latest collaboration, “Girl Like Me,” with the famous Black Eye Peas, has also been included in the deal with Hipgnosis.
The catalog selling price has not been disclosed and the Investment Cohort does not have any publishing rights to future Shakira recordings at this time.
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“Being a songwriter is an accomplishment that I consider equal and maybe even greater than being a singer and an artist,” Shakira said in a statement. “When I was 8 – long before I sang – I wrote to make sense of the world. Every song is a reflection of who I was when I wrote it, but once a song is released into the world, it’s not just mine but those who appreciate it too. .
Shakira added, “I am honored that songwriting has given me the privilege to connect with others, to be a part of something bigger than myself.”
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Shakira was named Latin Recording Academy Personality of the Year in 2011 – and a large portion of the gala’s net proceeds went to Shakira’s Pies Descalzos Foundation, which aims to help poor and poor children in Colombia.
The Associated Press contributed to this report
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