Shakira is the latest recording artist to sell her music publishing rights.
The Colombian performer, whose music earned her three Grammys in her career, offloaded her entire catalog of 145 songs to the Hipgnosis Songs Fund Limited, an investment company based in the United Kingdom.
The company announced the acquisition on Wednesday via Twitter and welcomed the “Hips Don’t Lie” songstress, 43, to its roster of owned intellectual property, calling Shakira “one of the most serious and successful songwriters of the last 25 years.”
"Welcome to the Hipgnosis family @shakira,” company founder Merck Mercuriadis wrote on Wednesday. “What no one should ever take for granted is that Shakira is one of the most serious and successful songwriters of the last 25 years, having written or co-written virtually every song she has ever recorded."