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Justin Bieber Sells Catalog to Hipgnosis for $200 Million

Justin Bieber Sells Catalog to Hipgnosis for $200 Million

Justin Bieber Sells Catalog to Hipgnosis for $200 Million

Justin Bieber has bought his tune catalog to Hipgnosis Songs Capital, the corporate introduced in a press launch right now. In accordance with Billboard and Selection, the catalog was bought for over $200 million. Formally, Hipgnosis acquired Bieber’s publishing copyrights, grasp recordings, and neighboring rights for his again catalog. The deal marks Hipgnosis’ largest music-rights acquisition up to now.

In 2021, Hipgnosis bought a 50 precent stake of Neil Younger’s songwriting catalog. The next 12 months, Leonard Cohen’s property bought the whole lot his songwriting catalog to Hipgnosis. The monetary particulars of each acquisitions stay undisclosed. Additionally final 12 months, Justin Timberlake bought his tune catalog to Hipgnosis for a reported worth of simply over $100 million.

Different gamers within the catalog acquisition sport are Common Music Publishing, who purchased the publishing rights to Bob Dylan’s whole catalog in 2020 for over $300 million. Following that deal, Dylan bought the grasp rights to his recorded music catalog to Sony Music Leisure for $200 million. Sony additionally picked up the masters and publishing catalog of Bruce Springsteen for a reported $550 million in late 2021.

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Some artists who’re members of bigger teams have bought stakes of their band’s catalog. Julian Casablancas bought his stake within the Strokes’ catalog to Main Wave, whereas Public Enemy’s Chuck D bought a serious stake in his songwriting catalog to his longtime writer Attain Music.

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