Posted Feb 8, 2023 4:36pm ET
Singer-songwriter Tobias Jesso Jr., who won two Grammys on Sunday, has sold the rights to his catalog of songs to a music investment company. Jesso Jr., winner of Non-Classical Songwriter of the Year, poses in the press room at the 65th Annual Grammy Awards on Sunday, February 5, 2023 in Los Angeles. THE CANADIAN PRESS/AP – Jae C. Hong
Canadian singer-songwriter Tobias Jesso Jr., who won two Grammys on Sunday, has sold the rights to part of his song catalog to a well-known music investment company.
Hipgnosis Song Management says it has acquired full ownership of the North Vancouver native’s involvement in publishing copyrights — including his share of performing rights — to around 40 songs released between 2015 and 2020.
Financial terms of the deal were not disclosed.
Songs in the acquisition include Jesso Jr.’s share of Adele’s “When We Were Young”, Sia’s “Alive” and Niall Horan’s “Slow Hands”.
The agreement also includes his work on songs performed by Shawn Mendes, Pink, Charlie Pugh and Jesso Jr.’s own 2015 solo album Goon.
Not included in the deal are songs released after 2020, some of which earned him First Songwriter of the Year, a non-classical award at Sunday’s Grammys.
Jesso Jr. shared another Grammy win for his work on “Boyfriends,” a song that appeared on Harry Styles’ “Harry’s House,” which took home album of the year.
Hipgnosis Songs Management was founded by Middleton, NS, a native of Merck Mercuriadis, and some of the company’s biggest purchases have been made by Canadians, including Justin Bieber and Neil Young.
The company has spent the last few years striking big deals with some of the world’s most well-known artists in hopes of capitalizing on new revenue streams for music, including usage on TikTok and other social media platforms.
This report from The Canadian Press was first published on February 8, 2023.
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