Tuesday, 19 Aug 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > Entertainment > Justin Bieber Close to $200 Million Deal to Sell His Music Rights
Entertainment

Justin Bieber Close to $200 Million Deal to Sell His Music Rights

Enspirers | Editorial Board
Share
Justin Bieber Close to 0 Million Deal to Sell His Music Rights
SHARE

Justin Bieber is nearing a deal to sell his music rights to Blackstone-backed Hipgnosis Songs Capital for around $200 million, sources confirm to Variety. The news, which has been rumored for weeks, was first reported Wednesday by the Wall Street Journal.

The deal, which sources stress is not yet done, includes Bieber’s shares of his publishing and recorded-music catalog, which sources tell Variety will continue to be administered and owned (respectively) by Universal even if the deal closes.

More from Variety

Reps for Bieber and Hipgnosis either declined or did not respond to Variety‘s requests for comment.

The news arrives during a troubled time for the singer, just weeks after he postponed the remaining dates in his “Justice” tour until an unspecified time “next year.” The tour, which was originally scheduled to launch in 2020, has been postponed or delayed several times, initially due to the pandemic but most recently following his bout with Ramsay Hunt syndrome, a rare virus that in his case caused facial paralysis. It finally launched in March and covered most of North America, but he postponed the remaining dates early in June after announcing his difficulties with the disease.

It also comes amid a general cooling-off of the formerly red-hot catalog market, which has become less attractive as asking prices have soared and interest rates and capital gains taxes have risen.

Bieber’s catalog, while containing shares of his multiple hits over the past 15-odd years, is also less of a proven quantity than more seasoned catalogs, such as Genesis and Phil Collins, whose catalogs were sold for a reported $300 million earlier this year.

However, some companies, particularly Hipgnosis, have embraced newer catalogs. According to the Journal, the Bieber deal would be the largest music-rights acquisition for Hipgnosis to date. Earlier this year, the company acquired the song-catalog rights of Justin Timberlake, whose works are a few years older than Bieber’s, in a deal reported to be worth just over $100 million. While Bieber’s share of hits like “Sorry,” “Love Yourself” and even older tracks like “Baby” is said to be relatively small, they are still massive global hits that for many define an era.

Conversely, Hipgnosis also acquired the catalog of legendary singer-songwriter Leonard Cohen, which includes many classics that are more than 50 years old.

The market effectively peaked in 2020 and last year when Bob Dylan and Bruce Springsteen sold their catalogs for middle-nine-figure sums.

Variety will have more on this situation as it develops.

RSVP todayRSVP today

RSVP today

Best of Variety

Sign up for Variety’s Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.

Click here to read the full article.

Share This Article
Twitter Email Copy Link Print
Previous Article Comparing Wolfmate to Tonal and Vitruvian:  The Workout Revolution For Home Gym. Comparing Wolfmate to Tonal and Vitruvian:  The Workout Revolution For Home Gym.
Next Article From ‘Jeopardy’ and ‘White Lotus’ to the Oscar slap and Rudy Giuliani’s ‘Masked Singer’ fiasco, here are the best and worst in 2022 TV From ‘Jeopardy’ and ‘White Lotus’ to the Oscar slap and Rudy Giuliani’s ‘Masked Singer’ fiasco, here are the best and worst in 2022 TV

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

‘Hocus Pocus’ fans can run amok in a recreation of the Sanderson sisters’ cottage this Halloween

Kathy Najimy, Bette Midler and Sarah Jessica Parker return as the Sanderson sisters in "Hocus…

By Enspirers | Editorial Board

Haley Cavinder Engaged to Cowboys Tight Finish Jake Ferguson

Haley Cavinder, Jake Ferguson We're Engaged!!! Revealed April 17, 2025 4:07 PM PDT Congratulations are…

By Enspirers | Editorial Board

Trump Rips Colbert Once more, Says Kimmel and Fallon Are Subsequent to Be Canceled

President Trump Colbert, Fallon, Kimmel Have No Expertise ... Jimmys on Chopping Block Revealed August…

By Enspirers | Editorial Board

Somalia’ Villa Rose attack: At least four dead in hotel siege

A general view shows a deserted street in front of the presidential palace in MogadishuSomali…

By Enspirers | Editorial Board

You Might Also Like

J.Lo Magnificence Merchandise to Assist You Get That J.Lo Glow
Entertainment

J.Lo Magnificence Merchandise to Assist You Get That J.Lo Glow

By Enspirers | Editorial Board
Kevin Costner Recordsdata to Dismiss Lawsuit Over Alleged ‘Horizon’ Rape Scene
Entertainment

Kevin Costner Recordsdata to Dismiss Lawsuit Over Alleged ‘Horizon’ Rape Scene

By Enspirers | Editorial Board
Derek Fisher, Gloria Govan Promote California Mansion for .85 Million
Entertainment

Derek Fisher, Gloria Govan Promote California Mansion for $2.85 Million

By Enspirers | Editorial Board
Ralph Lauren’s Brother, Lenny Lauren, Useless at 93
Entertainment

Ralph Lauren’s Brother, Lenny Lauren, Useless at 93

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?