In a January 24 statement, Hypnosis announced that it had acquired 100% of the copyright, master material and neighboring rights to Bieber’s back catalog of 290 songs released by December 31, 2021. Billboard and Variety report that the deal is worth more than $200 million.
According to The Wall Street Journal (WSJ), Hipgnosis bought Justin Timberlake’s catalog rights for $100 million last year, and the deal is the company’s largest music copyright deal to date.
Bieber’s longtime manager Scooter Braun said: “I’m so proud of him and everyone who has worked with him over the years to bring this incredible body of work to life. Justin is truly a once-in-a-lifetime artist and that’s the size of this deal. It is reflected in the
Brown acquired the rights to Taylor Swift’s past songs and sold them to Shamrock Capital in 2020.Famously, Swift accused the deal of being done without her knowledge, calling it a “worst case scenario.”
Bieber was active as a singer on YouTube in 2007, when Brown discovered his talent, debuted in 2009 with the first single “One Time”, and has released six studio albums since then. He has been nominated for 23 Grammy Awards and won two.
Last year, Bieber announced he was suffering from Ramsay Hunt Syndrome, a condition that causes partial paralysis of his face, and canceled the rest of his world tour dates in September. The deal with Hypnosis was first reported in December.
Bieber has joined many stars who have sold the rights to their music in recent years. Most recently, Dr. Dre was reportedly in talks to sell several rights to Shamrock Holdings and Universal Music Group separately.
Music publisher Primary Wave Music has also announced that it has acquired the rights to the band from The Doors founding members Robbie Krieger and the late Ray Manzarek. Warner Music Group also acquired the master rights to Yes’ Atlantic Records era.
