The report details that the Canadian pop star is in talks with Hipgnosis Capital to broker one of the biggest music-rights acquisitions in the company’s history. The deal would cover his full discography, which spans six albums and a number of one-off singles and collaborations.
The same company (Hiphnosis Capital) had purchased catalog rights to Justin Timberlake’s discography earlier this year for $100 million. As reported by Variety, Hipgnosis also bought out the song catalog of singer-songwriter Leonard Cohen in March, although the details of that acquisition were not made public. The purchase was made through the Blackstone-backed Hipgnosis Songs Capital ICAV fund, which launched in 2021 with an initial investment of approximately $1 billion.