Justin Bieber sells his music catalog | CNN Business

Bieber sold his catalog to Hipgnosis, the music rights investment company announced Tuesday. “Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal,” Bieber’s longtime manager, Scooter Braun, said in a statement. “For 15 years I have been grateful to witness this journey and today I am happy for all those involved. Justin’s greatness is just beginning.” Bieber’s publicist did not immediately respond to CNN’s request for comment.

Springsteen’s deal was worth about $550 million. Other artists’ catalogues have reportedly sold for an amount closer to Bieber’s haul. Many artists at the end of 2021 had rushed to sell their rights before the Biden Administration allowed capital gains taxes to increase, Hannah Karp, editorial director at Billboard, told CNN last year. Others, particularly artists nearing the end of the careers, opted to sell their rights for estate planning purposes, Karp said.

Another hard hitting piece from CNN. This network could disappear and nobody would care.

Who is Tattoo Bieber? Has already sold! Was there anything else? So I like beavers better!

Cue the horsemen of the apocalypse!

This is the type of news cnn reports on? No one cares about pop culture anymore tbh

Can use the proceeds to fund production of his new line of lame singer gloves.

Smart move 👌

Must of spent his entire allowance on that full body prison tat..

So, he didn’t write any of them anyway

George wrote most of those songs for Justin. Hopefully Justin will remember George with some of the proceeds.

Where'd he get all those prison tats?

Already?😶

pikaso_me screenshot this

Saw what you did there. Very punny.

I pay $1 🤮

I researched it and half of Justin's face is anti vax & the the other half is pro vax. (the droopy side)

The “Biebs” is worth more than Elon. Let that sink in

I pay $1 and is too much 🤨

Nice

It's interesting Taylor Swift seems to be one of the few artists betting on herself in the future.

Probably needs tattoo money

Hope the person who bought it will now throw the lot in the bin

Seems so strange when you think of the artists from 50’s-90’s that fought so hard to get control of their music after horrible contract deals.

Who cares

'Guess you can't make money the old-fashioned way anymore!'

Wait, is this guy the little pretty boy singer from the 90s, or early 2000s? Damn, I'm getting old.

Make the money now...and enjoy it. Tomorrow not promised.

It’s because they are busted and all their assets are seized

Follow and drop your AZA for 5k

In 5 years he will be super pissed he did that when they do whatever they want to with his music.

Ex con?

Along with his vo-coder

More ink on body though.

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Justin Bieber Closes Sale to Hipgnosis for $200M — Company’s Biggest Deal to DateHipgnosis buys Justin Bieber's entire catalog for $200 million — the biggest yet for any artist of his generation. where’s the mff updates bitch That's too low, also he is so young and he's the actual King of music justinbieber bro why?😭
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