Justin Bieber Reaching Nearly $200M Deal To Sell Music Catalog

Justin Bieber has his sights set on a music deal, one that may promote the rights to his whole catalog … 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 … whose sources declare the sale may go down as the most important music-rights acquisition within the firm’s historical past.

The potential deal may cowl Justin’s 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 … as a result of the corporate reportedly purchased catalog rights to Justin Timberlake‘s 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 — particularly as recognition in decades-old songs grows over time.