Justin Bieber's $200 Million Music Catalog Sale

Justin Bieber, known for chart-topping hits like "Baby" and "Sorry," sold his entire music catalog in January 2023.

[{"selector":"#anim-825d7dc2-aa8d-4494-8611-873fe5731c82 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.700195207525454%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

He handed over the catalog, including publishing rights and masters, to Hipgnosis Song Management.

[{"selector":"#anim-9df452f5-d21a-4b94-b105-f968d431dd1e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.12499989760315%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

The exact amount of the deal is estimated to be around $200 million.

[{"selector":"#anim-3bac6b99-6804-4c8d-8f85-b4871d54aae6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.56445302526974%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Bieber's catalog encompasses six studio albums, such as "Purpose" and "Justice," and his worldwide success has significantly increased his net worth.

[{"selector":"#anim-115cb129-9c2c-425e-a9c0-745172d94ae3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.58642568165307%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

This sale is part of a trend where many artists, including Katy Perry and Bob Dylan, have sold their music legacies.

[{"selector":"#anim-7702643d-ac5d-473d-9ddb-54ce849357bb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Universal Music Group still holds the recorded music copyright for Bieber's catalog.

[{"selector":"#anim-b7f42453-1fb4-4823-9d5b-9305ea5c79ac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-14.149139361808269%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Bieber's decision to sell his catalog reflects the growing interest of artists and investors in music rights.

[{"selector":"#anim-b919db85-9b30-4639-b1e5-9fc6d0a8ea25 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-15.086718534637772%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

The music industry continues to see these high-profile catalog sales as a way to unlock the value of established artists' work.

[{"selector":"#anim-fae53c2b-95dc-466f-84da-2e95e1e2ebe3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Click Here For More Stories Click Here For More Stories