The 28-year-old Canadian struck the deal with Hipgnosis Songs Capital, following in the footsteps of Justin Timberlake and Shakira.
Justin Bieber has sold his share of the rights to his music for a reported $200m .
Hipgnosis Songs Capital, who now own the Canadian's share of his back catalogue, will now receive a payment anytime one of the songs is played in public.released before 31 December 2021, which include the smash hits, Baby, Sorry and Love Yourself. Musicians are increasingly selling stakes in their work to music funds - with stars including Justin Timberlake and Shakira also striking deals with Hipgnosis.
However, the trend is more common among older artists, with the likes of Bruce Springsteen, Bob Dylan and Paul Simon all recently securing multimillion-dollar deals for their work. The Hipgnosis Songs Fund is a $1bn venture between Hipgnosis Song Management and the financial firm Blackstone.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hailey Bieber went pantsless in one of husband Justin Bieber's favourite hoodies“We tend to share clothes,” Justin told GQ in 2021.
Read more »
Hailey Bieber has just cut her hair into a bob – and of course we're obsessedFrom Elizabeth Olsen to Elisabeth Moss, Halle Berry, Ciara, January Jones and Jennifer Lopez, we look back at the A-listers who have made the iconic bob hairstyle their own.
Read more »
13 Of Hailey Bieber’s Glowiest Skin MomentsShe is all about the no make-up make-up aesthetic, enhanced with just the right amount of luminosity.
Read more »
Hailey Bieber shows off edgy new blunt bob haircut inspired by Margot TenenbaumModel Hailey Bieber has just unveiled a dramatic new hairstyle – and fans are immediately obsessed. Here are the experts’ top tips for copying this look yourself
Read more »
Justin Welby: Archbishop says it is 'disappointing' politicians have failed to resolve social care issueThe Archbishop of Canterbury also admits the Church of England's proposals to reject same-sex marriage while backing clergy blessings of civil same-sex marriage - has led to criticism that 'traditional Christian standards' have been compromised.
Read more »
Adult Swim drops Justin Roiland from Rick & Morty after domestic violence chargesWes has been covering games and hardware for more than 10 years, first at tech sites like The Wirecutter and Tested before joining the PC Gamer team in 2014. Wes plays a little bit of everything, but he'll always jump at the chance to cover emulation and Japanese games.\n\nWhen he's not obsessively optimizing and re-optimizing a tangle of conveyor belts in Satisfactory (it's really becoming a problem), he's probably playing a 20-year-old Final Fantasy or some opaque ASCII roguelike. With a focus on writing and editing features, he seeks out personal stories and in-depth histories from the corners of PC gaming and its niche communities. 50% pizza by volume (deep dish, to be specific).
Read more »