Canadian pop superstar Justin Biebe sold the whole thing song copyright for $200 million.
According to the UK’s National World newspaper, Justin Bieber decided to sell the rights to all of his 291 songs released by the end of 2021 to Hipgnosis Songs Capital for the above price.
As such, the company now owns some of the Canadian pop star’s biggest hits, including “Baby” and “Sorry…” Hipgnosis Songs Capital will receive a payout every time a Justin Bieber song is played in public.
Thereby, the net worth of Justin Bieber is currently estimated at regarding $ 485 million (according to the American magazine Parade).
[MTV Video Music Awards 2021: Justin Bieber và Olivia Rodrigo thắng lớn]
In addition, the net worth of Hailey Bieber – wife Justin Bieber – estimated at regarding 20 million USD. Together, his and his wife’s net worth is around $505 million.
Before that, Justin Bieber surpassed the $200 million mark in net worth in 2014 when he sold more than 150 million albums worldwide.
Scooter Braun, Justin Bieber’s manager for the past 15 years, said: “When Justin Bieber made the decision to make this deal, we quickly found the best partner to preserve and develop our legacy. In 15 years with Justin Bieber, I’m happy to witness this moment.”
Meanwhile, Merch Mercuriadis, founder of Hipgnosis said: “Justin Bieber’s impact on global culture over the past 14 years has been truly remarkable. At just 28 years old, he’s one of the few artists. The popular artist of the streaming era has revitalized the entire music industry, taking loyal audiences around the world with him on his journey from teen phenomenon to culturally important artist. This acquisition is among the largest ever made for an artist under the age of 70. That’s the incredible power of 291 songs under the Justin Bieber name, with nearly 82 million monthly listeners and over 30 billion streams on Spotify alone.”
Previously, singer-songwriter Justin Timberlake also agreed copyright sale 200 of his songs for Hipgnosis Songs Capital for $100 million.
Thanh Quach (VNA/Vietnam+)
