Pop sensation Justin Bieber has just made a major move in the music industry. According to multiple news outlets, Bieber has sold the rights to his entire music catalog for a whopping $200 million.
The deal was made with Hipgnosis, a company that acquires music rights and catalogs. Fox Business reported that the sale included Bieber’s music publishing and recording rights.
The news was also reported by CNN, Yahoo Entertainment, and BBC. The reports highlight the significance of Bieber’s decision, as it is a major move in the music industry.
Bieber is one of the most successful artists of our time, and this sale is a testament to his success. It is yet another indication of his influence in the music industry.
The deal is a major win for Hipgnosis, as the company now has access to Bieber’s music catalog. It is also a major win for Bieber, who is now $200 million richer.