FOR $200 MILLION JUSTIN BIEBER SELLS MUSIC RIGHTS TO HIPGNOSIS SONGS
According to Hipgnosis Songs Capital, which is financed by Blackstone, Justin Bieber has given the firm the rights to his music for more than $200 million.
The agreement contains Justin Bieber’s interests in his publication copyrights (including the writer’s share of performance), master recordings, and neighbouring rights for his full back catalogue. It also includes his portions of his publishing and recorded-music catalogues.