Shakira is the latest recording artist to sell the rights to the album.
The Colombian performer’s music has won three Grammy Awards during her career and transferred her entire 145 song catalog to the UK-based investment company Hipgnosis Songs Fund Limited.
The company announced the acquisition via Twitter on Wednesday and welcomed the 43-year-old female singer “Hips Don̵
The founder of the company Merck Mercuriadis (Merck Mercuriadis) wrote on Wednesday: “Welcome to the Hipgnosis family @shakira, no one will take it for granted that Shakira is the most serious and successful songwriting creation in the past 25 years. One of the writers, whether writing or collaborating, wrote almost every song she ever recorded.”
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Shakira released her first album in 1991 when she was just 13 years old. In 1995, she released her third album “Pies Descalzos” and became famous.
However, it wasn’t until 2001 when Shakira got involved in American pop music that she gave up her debut in the United States, “Laundry Service”.
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Shakira has won international acclaim for her life as a singer, singer, and instrumentalist. He has won three Grammy Awards, 12 Latin Grammy Awards, four MTV Video Music Awards, and seven Billboard Music Awards and 39 Billboard Latin Music Awards.
She has also received six Grammy nominations.
To date, the performer of “She Wolf” has sold 80 million albums worldwide-her deal with Hipgnosis also includes her latest collaboration with the famous Black Eye Peas “Girl Like Me”.
The price of the catalog has not been disclosed, and the investment team currently does not have the right to distribute any future records of Shakira.
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Shakira said in a statement: “Being a songwriter is an achievement. I think it is equivalent to or even more than that of becoming a singer and an artist.” “When I was 8 years old (singing very early) Before, I wrote to understand the world. Every song is a portrayal of the person who wrote the song, but once a song comes out, it belongs not only to me, but also to those who appreciate it.”
Shakira added: “I am honored that songwriting gives me the privilege of communicating with others and participating in something bigger than myself.”
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Shakira was nominated as the 2011 Latin Recording Academy’s Person of the Year-Gala. Most of the net proceeds benefited Shakira’s Pies Descalzos Foundation, which aims to help poor and underprivileged children in Colombia.
The Associated Press contributed to this report