Justin Bieber to sell his music copyrights for $200 million! Contract reportedly nearing signing

Last Updated on 12/24/2022 by てんしょく飯

Popular singer Justin Bieber is selling the rights to his music copyrights. The Wall Street Journal, a business newspaper, reports the news.

According to the report, Justin Bieber has struck a deal to sell his personal stake in both his published and recorded music copyrights, and the deal is nearing conclusion.

Hipgnosis Songs Capital, a British music management company backed by major investment fund management firm Blackstone, and Justin are negotiating a sale for about $200 million ($26.5 billion).

If the deal goes through, it will be the largest music deal in the company’s history. The deal would also include all six of Justin’s released albums, as well as other singles and collaborations.

Earlier this year, popular singer Justin Timberlake also sold the rights to his music to Hypnosis for $100 million. Recently, popular female rapper Iggy Azalea also revealed that she sold some of her music copyrights for $10 million (about 1.4 billion yen).