Justin Bieber has his sights set on a music deal, one that may promote the rights to his whole catalog โฆ and it is reportedly bought a price ticket near $200 million.
The big-ticket transaction could be with Hipgnosis Songs Capital, in line with The Wall Street Journal โฆ whose sources declare the sale may go down as the most important music-rights acquisition within the firmโs historical past.
The potential deal may cowl Justinโs whole catalog of recorded music, which incorporates 6 albums over the span of a decade to not point out a ton of singles and collabs over time.
Hipgnosis is not a stranger on this planet of acquisitions โฆ as a result of the corporate reportedly purchased catalog rights to Justin Timberlakeโs catalog earlier this yr for $100M.
Experts and traders say placing cash down on youthful music comes with a better danger, whereas leaping on older hits is safer โ particularly as recognition in decades-old songs grows over time.
Get that bread, J.B.!!! ๐ธ
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