The “Baby” singer received a payment of $ 200 million following completing the sale of the rights to 291 songs to Hipgnosis Songs Capital.
People reported that the 29-year-old musician decided to sell the rights to all 291 of his songs released until the end of 2021 to Hipgnosis Songs Capital for $ 200 million.
The list includes 6 studio albums: My World 2.0, Under the Mistletoe, Believe, Purpose, Changes and Justice with hit singles: Baby, Boyfriend, What Do You Mean?, Sorry, Love Yourself, Yummy, Holy, Peaches…
Merck Mercuriadis, the founder of Hipgnosis Song Management, said it was the company’s largest acquisition of copyright for artists under the age of 70.
Justin Bieber is a sought-following vocalist when he was only 16 years old.
“Although only 29 years old, Justin Bieber is already one of the few artists to represent the era of online music and revitalize the industry,” Merck Mercuriadis said.
Scooter Braun, longtime manager of the vocals Baby, said that the male singer is a typical artist of the era. That is reflected in the $ 200 million copyright sale that has just been completed.
“In 15 years with Justin Bieber, I am happy to witness this moment. His greatness really begins,” Scooter Braun shared.
Prior to Justin Biebersinger Justin Timberlake also agreed to sell the rights to 200 songs to Hipgnosis Songs Capital for $100 million.
Justin Bieber is a sought-following vocalist when he was only 16 years old. February 19, 2010, Baby broadcast and caused a fever with the US-UK music-loving community around the world.
From the success of his albums and live shows around the world, Bieber has become a top-earning star in the entertainment industry. Bieber’s popularity is verified with the second highest number of fans on social networks. He is known as the “Prince of Pop”.
There was a time when Justin Bieber got into many personal scandals and faced depression. Then, thanks to the success of the album series Purpose, What Do You Mean, Sorry, Love Yourself, Bieber regained his reputation and returned to the status of top earning singer.
In recent years, aside from music, the pop star has spent time with his wife Hailey Baldwin and family.
Theo Zing
