Justin Timberlake Sells Song Catalog to Blackstone-Backed Fund
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A fund backed by private-equity firm Blackstone has purchased the rights to Justin Timberlake’s song catalog in the venture’s largest music-rights acquisition so far, fund executives said.

Terms of the deal, which was done in partnership with music-investment company Hipgnosis Song Management Ltd., weren’t disclosed. People familiar with the matter said it is valued at just above $100 million.

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