The deal is valued at an estimated $200 million.
"This acquisition ranks among the biggest deals ever made for an artist under the age of 70, such is the power of this incredible catalogue that has almost 82 million monthly listeners and over 30 billion streams on Spotify alone," Hipgnosis Song Management founder and CEO Merck Mercuriadis said in a statement.
Bieber's longtime manager Scooter Braun said in a statement, "Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal."
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
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.
Leer más »
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.
Leer más »
Justin Bieber sells his music rights for about $200 millionPop star Justin Bieber has sold his music rights to Blackstone Inc.-backed Hipgnosis Songs Capital.
Leer más »
Justin Bieber Closes Sale to Hipgnosis for $200M — Company’s Biggest Deal to DateHipgnosis buys Justin Bieber's entire catalog for $200 million — the biggest yet for any artist of his generation.
Leer más »
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.
Leer más »
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
Leer más »