Photo: Pascal Parvex

Justin Bieber Sells Music Rights For $2M

The latest in a litany of superstar musicians to sell part or all of their catalogue, Justin Bieber has rendered his entire repertoire to Hipgnosis Songs Capital for a reported $200,000,000.00.

According to reliable reports, the latest deal marks the largest rights sale for any artist of Bieber’s generation and is also the biggest acquisition by Hipgnosis to date. 

As part of the deal, Hipgnosis acquired one hundred percent of Justin’s publishing rights, artist royalties from his master recordings and neighboring rights and includes all 290 songs released before 31 December 2021, plus his most recent album Justice.

In a statement about the mega-deal, the artist’s controversial manager Scooter Braun said, “I’m so proud of him and all those involved over the years in helping amass this incredible body of work. Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal.”

Prior to the Bieber deal, Justin Timberlake, Leonard Cohen, Nile Rodgers, Kenny Chesney, Neil Young, and Nelly Furtado sold their music rights to Hipgnosis, while Sting, David Bowie’s estate, Phil Collins and his Genesis bandmates, Future, Frank Zappa’s estate, and Neil Diamond have also sold assets to investors.

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Author: Saul Goode

Photo: Pascal Parvex