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HomeLatest NewsJustin Bieber to sell his music rights for $200 million

Justin Bieber to sell his music rights for $200 million

Date: January 29, 2023 Time: 06:09:29

American singer Justin Bieber is about to sell the rights to his music to Blackstone-backed Hipgnosis Songs Capital. This was confirmed by sources from the Wall Street Journal.

The deal has not yet closed. Its amount is 200 million dollars. For this money, Hipgnosis Songs Capital will receive the rights to the entire musical catalog of the artist, including the most famous songs – “Love Yourself” and “Baby”, as well as Bieber’s shares in his publishing house.

This will be one of Hipgnosis Songs Capital’s largest acquisitions. Earlier this year, the company bought the rights to Justin Timberlake’s song catalog for more than $100 million.

Recall that H&M withdrew products with the image of Canadian singer Justin Bieber from sale after the interpreter’s criticism. The day before, the musician called the brand’s clothes with his image garbage on social networks. He also urged all fans not to buy it.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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