Who is Justin Bieber? Here are a few facts you should know
Justin Bieber sold his music rights for more than $200 million to Hipgnosis Songs Capital, the company confirmed Tuesday.
"Justin is truly a once in a generation artist and that is reflected and acknowledged by the magnitude of this deal," Bieber’s manager Scooter Braun said in a statement, according to Variety. "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."
The deal includes all of Bieber’s 291 songs released before the end of 2021 up to his latest album "Justice."
Hipgnosis celebrated the sale on Instagram, writing: "Welcome to the Hipgnosis family @justinbieber."
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Following the sale, Bieber's master recordings will reportedly still be administered by Universal Music, and the company will still own the master recordings in perpetuity.