200 million dollars in exchange for the rights to their songs
Hipgnosis Songs Capital is the owner from now on of their songs
Justin Bieber makes history with one of the most important agreements in recent years in the recording field. The young artist has decided to get rid of the rights to his entire musical catalog to Hipgnosis Songs Capitala company that has paid more than 200 million dollars (183 million euros) in exchange of being responsible for distributing his dozens of songs.
The Canadian, who in recent months has been a protagonist due to his mental health problems, has decided that it is the best time to sell the rights to his songs, and 200 million dollars have been enough for him to accept the deal with his eyes closed. That is to say, more than 290 themes published until 2021among which are hits like One Time, Sorry, Baby either stay.
Welcome to the Hipgnosis family @Justin Bieber ❤️ pic.twitter.com/9VtOdJmSWL
— Hipgnosis Songs (@HipgnosisSongs) January 24, 2023
This British company has decided not to specify the most specific details on an economic basis, but means such as The Wall Street Journal have verified that 200 million dollars have been enough to convince Justin Bieber. Yes indeed, Hipgnosis Songs Capital Yes, he has welcomed the Canadian, who will now be part of this family: “Today I am happy for everyone involved. Justin’s greatness has only just begun“, has explained Scooter braun as the singer’s manager.
