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Tom DeLonge Sells His Copyright To Blink 182 Back Catalogue
Tom DeLonge has announced the sale of over 157 songs to Hipgnosis Songs - a British Guernsey-registered music investment and song management company.
He said in a statement: "It is an honour to have been playing music for so many years and to be in a position to partner with the great team at Hipgnosis to support my work.
“This is now a perfect opportunity for me to not only celebrate my past, but to also give me the foundation to create more music for many decades to come.”
DeLonge previously revealed he plans to re-join Blink-182 at some point. He wants to reunite with his former group - which he co-founded in 1992 - "in the future", but said that he has "way too much going on" with his current band at the moment to think about a potential return.
The details of the terms were not disclosed, but it's likely that Hipgnosis paid a pretty penny for the songs. Since its inception, the company has spent a total of $664 million USD on 42 catalogues, building a portfolio of 11,225 songs.