The company will acquire the rights to all the music that Justin Bieber released through Dec. 31, 2021.
Justin Bieber has sold his entire back catalog of music — more than 290 songs — to Hipgnosis Songs Capital, the music rights investment company announced Tuesday. According to Billboard, the deal is valued at over $200 million.
The company will acquire the rights to the entire back catalog of Bieber’s releases through Dec. 31, 2021 — including publishing copyrights, master recordings, neighboring rights and artist loyalties, the company said.
“This acquisition ranks among the biggest deals ever made for an artist under the age of 70,” Merck Mercuriadis, CEO of Hipgnosis Song Management said in a statement.
