Justin Bieber sells music rights for US$200 million

Justin Bieber has charted eight number-one records on Billboard’s top albums list, and his songs have streamed on Spotify more than 32 billion times. – Instagram pic, January 25, 2023.

POP juggernaut Justin Bieber has sold his music publishing and recording catalog shares to the Blackstone-backed Hipgnosis Songs Capital for US$200 (RM880) million, the company said yesterday – marking the industry’s latest blockbuster rights deal.

The sale has been rumoured for weeks, and sees the 28-year-old join a who’s who of artists who have cashed out recently on their catalogs.

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