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Justin Bieber Sells Music Rights to Blackstone-Backed Fund Hipgnosis

The deal includes more than 290 of the pop star’s songs including ‘Love Yourself’ and ‘Ghost’

Justin Bieber has sold over 150 million records worldwide. PHOTO: MATT WINKELMEYER/GETTY IMAGES

Justin Bieber has sold over 150 million records worldwide. PHOTO: MATT WINKELMEYER/GETTY IMAGES

Pop star Justin Bieber has sold his music rights to Blackstone Inc.-backed BX -1.94%decrease; red down pointing triangle Hipgnosis Songs Capital.

The Wall Street Journal previously reported that the deal had an expected value of around $200 million

The deal includes the Canadian singer’s publishing and recorded music catalog, according to Hipgnosis and representatives for Mr. Bieber. That covers more than 290 titles released before the end of 2021. 

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Author: Editors Desk

Source: WSJ:

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