Justin Bieber sells catalog to Hipgnosis for $200 million

Hipgnosis Songs Capital has announced that they have acquired Justin Bieber’s 100% interest in his Publishing Copyrights, Master Recordings and Neighboring Rights for Bieber’s entire back catalog, comprising over 290 titles released before December 31, 2021. The deal, worth $200 million, as reported by Billboard, is the largest rights sale for any artist of Bieber’s generation. It’s also Hipgnosis’ biggest acquisition to date.