Person: Justin Timberlake

We've been having a lot of fun, and doing a lot of work on the new Equity Mates show, The Dive. This is a business news show that didn't exist, so we created one! Today we are showcasing an episode around the news that Justin Timberlake has sold his complete back catalogue of music rights for $100 million. Who is buying up all the big music artists back catalogues ... and why are they selling? Press play and listen in to this special episode of The Dive.

Today we’re going to unpack the business story behind the big entertainment headlines of last week - Justin Timberlake’s 100 million dollar payday! You may not know it, but chances are whenever you’re streaming music on Spotify or Apple Music, the money isn’t going to the artist. It’s not even going to the record label. These days, it’s pretty likely the revenue from that stream is ending up in the pockets of some of the biggest asset managers in the world. Music copyrights have become one of the hottest asset classes in the investment landscape, and the deals are huge.