Justin Bieber just made a successful decision involving his music library. According to AllMusic, the singer made his music industry debut with the 2009 album “My World.” Since then, he has put out eight more music albums, among them “Believe,” “Purpose,” and “Justice.” According to a 2010 article from Page Six, Justin Bieber sold 4 million albums worldwide with the release of just his first two albums in less than a year. According to a 2019 BBC report, Justin Bieber had sold 150 million records overall.
According to TheCelebFactory, Justin Bieber stated in 2012, “I think that it’s because my music is really, just, relatable.” “It’s entertaining and enjoyable to listen to. It’s enjoyable to ride to. So I think my fans have something they can play at home and party to, but they can also play my album and go to sleep to songs like “Catching Feelings.”” Variety revealed in December 2022 that Justin Bieber was negotiating a deal over his music rights, and further details are now coming out.
Justin Bieber has sold his music catalog for an estimated $200 million
Justin Bieber reportedly received $200 million for the sale of his music library. On January 24, Rolling Stone reported that the “Ghost” singer had sold his publishing and recorded music rights, which included 290 of Bieber’s songs that were made available before December 31, 2021. Hipgnosis Songs Capital, the buyer, also acquired adjacent rights, a 100% interest in Justin Bieber’s publishing copyrights, and a portion of the singer’s profits from his master recordings. Recently, a number of other well-known musicians sold the rights to their music royalties as well. According to CNN Business, these artists include Justin Timberlake, Stevie Nicks, Neil Young, Bob Dylan, and more.
According to Billboard, Justin’s business contract is important since it is the highest royalty payment made to a musician of his generation. It’s also the biggest purchase Hipgnosis Songs Capital has ever made. After sealing the purchase on January 24, according to TMZ, Bieber and his wife Hailey were spotted together out for dinner in New York City. The news source added that the Hipgnosis Songs Capital acquisition will also include Justin Bieber’s most recent album, “Justice.” Fans of Justin Bieber can anticipate hearing new music as soon as possible. According to Billboard, the musician stated in a May 2022 interview with Apple Music that his future album was “nearly done” and had a “wicked guitar solo” by John Mayer.
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