Show business » Shakira Sells the Rights to Her 145-Song Catalog

Hipgnosis Songs Fund Ltd. snapped up the 145-song catalog of Colombian pop star Shakira, doubling down on the thesis that hit records have become an attractive asset class.

The deal on Wednesday continued a busy 2021 for the London-based song-rights investment company, which last week announced deals for rights to music by producer Jimmy Iovine, Fleetwood Mac guitarist Lindsey Buckingham, and folk-rock star Neil Young.

Hipgnosis has acquired Shakira’s back catalog, including the writer’s share of income, according to a statement Wednesday. A price for the deal was not disclosed.

Hipgnosis “truly values artists and their creations and is an ally to songwriters everywhere who care deeply about the continued life of their songs,” Shakira said in the statement.

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