Justin Bieber Sells His Entire Music Catalog for a Reported $200 Million

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Never say never. Justin Bieber is joining a growing list of artists cashing out on their music catalogs.

is joining a growing list of artists cashing out on their music catalogs.

Bieber has struck a deal with U.K.- based Hipgnosis Songs Capital to sell the publishing rights to his 290-song catalog, which includes hits like"Baby" and"Sorry."Get Philly local news, weather forecasts, sports and entertainment stories to your inbox.“The impact of Justin Bieber on global culture over the last 14 years has truly been remarkable,” Merck Mercuriadis, founder and CEO of Hipgnosis Song Management said in a statement.

The move means Hipgnosis will receive royalty payments every time a Bieber song it owns is streamed or used on radio, TV or in films. The two-time Grammy winner is one of biggest artists of the 21st Century, with his music garnering more than 70 million monthly listeners on Spotify alone and billions more in streams.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Over priced!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Justin Bieber’s Song Catalog Sells to HipgnosisThe song investment firm has acquired around 290 titles from the music superstar in a deal hammered out by longtime manager Scooter Braun. we all know he doesnt really write his songs. Most his big hits like Sorry & Love yourself were written by other artists like ed sheeran. But he gets his name on credits cause you can insist when youre a huge star.
Source: THR - 🏆 411. / 53 Read more »

Justin Bieber Sells Music Rights for More Than $200 MillionThe sale—which includes more than 290 tracks Bieber released before Dec. 31, 2021—comes as Bieber has faced health issues, suffering from facial paralysis due to Ramsay Hunt Syndrome.
Source: thedailybeast - 🏆 307. / 63 Read more »

Justin Bieber Sells Publishing and Recorded Catalog for Reported $200 MillionJustin Bieber has sold his publishing and recorded music rights to Hipgnosis Songs Capital, marking yet another blockbuster music catalog acquisition. He didn’t sell them to scooter? He just wanted Taylor’s I guess. Congratulations Sigh... Another W for big record company execs
Source: RollingStone - 🏆 483. / 51 Read more »

Justin Bieber Sells Music Rights to Blackstone-Backed Fund HipgnosisPop star Justin Bieber has sold his music rights to a Blackstone-backed fund, Hipgnosis Songs Capital. The deal, with an expected value of around $200 million, covers more than 290 titles released before the end of 2021. Cashing in his “annuity” that the song writes generate… cool cool. He got absolutely ripped $200M!?!? Baby, baby, baby, oh!
Source: WSJ - 🏆 98. / 63 Read more »

Justin Bieber sells his entire music catalog for $200 millionJustin Bieber is the latest artist to sell his music copyrights to Hipgnosis, an U.K. investment company that deals specifically in songs It is not going to go up in value. I could not name or recognize any of his songs. Catalog? Isn’t it more of a pamphlet? Smart move
Source: TheAVClub - 🏆 340. / 59 Read more »

Justin Bieber sells his music catalog | CNN BusinessJustin Bieber has sold the rights to his publishing and artist royalties from his song catalog, adding himself to a growing list of pop stars who have inked rights deals. More ink on body though. Along with his vo-coder
Source: cnni - 🏆 326. / 59 Read more »