Published by mdholidayshow.com
Dec 23, 2022
According to reports, Justin Bieber is close to finalising a $200 million deal to sell his music rights.
Bieber is negotiating a deal with Hipgnosis Songs Capital, a song management company, in which his rights would be valued at "around" $200 million.
the potential deal includes both Bieber's publishing and recorded music catalogues
the purchase of Justin Timberlake's song catalogue rights for a reported $100 million earlier this year.
Bruce Springsteen sold his master recordings and publishing rights to Sony Music in a deal for more than $500 million in December 2021.
Bieber's alleged contract demonstrates how younger artists are beginning to capitalise on the rising trend.