Justin Bieber has his sights set on a music deal, one that might promote the rights to his total catalog … and it is reportedly received 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 biggest music-rights acquisition within the firm’s historical past.
The attainable deal may cowl Justin’s total catalog of recorded music, which incorporates 6 albums over the span of a decade to not point out a ton of singles and collabs through the years.
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 12 months for $100M.
Experts and traders say placing cash down on youthful music comes with a better threat, whereas leaping on older hits is safer — particularly as reputation in decades-old songs grows over time.
Get that bread, J.B.!!! 💸