Hipgnosis acquires 105 songs from Grammy-winner Andrew Watt in eight-figure deal
May 5, 2021
These songs include Watt’s stake in huge hits such as
Señorita by Shawn Mendes and Camila Cabello,
Havana by Camila Cabello (feat Young Thug),
Let Me Love You by DJ Snake (feat Justin Bieber),
Eastside by Benny Blanco, Halsey and Khalid, and
Youngblood by 5 Seconds Of Summer.
Hipgnosis hasn’t disclosed what it paid for the songs from Watt (real name Andrew Wotman, who is managed by Scooter Braun). But MBW can make an educated estimate – and we believe it’s upwards of $45 million.
A filing this morning (May 5) reveals that the Watt catalog acquired by Hipgnosis generated $1.27m in 2017, $3.41m in 2018, and $4.34m in 2019.