Never say never. Justin Bieber is joining a growing list of artists cashing out on their music catalogs.
is joining a growing list of artists cashing out on their music catalogs.
Bieber has struck a deal with U.K.- based Hipgnosis Songs Capital to sell the publishing rights to his 290-song catalog, which includes hits like"Baby" and"Sorry."Get Philly local news, weather forecasts, sports and entertainment stories to your inbox.“The impact of Justin Bieber on global culture over the last 14 years has truly been remarkable,” Merck Mercuriadis, founder and CEO of Hipgnosis Song Management said in a statement.
The move means Hipgnosis will receive royalty payments every time a Bieber song it owns is streamed or used on radio, TV or in films. The two-time Grammy winner is one of biggest artists of the 21st Century, with his music garnering more than 70 million monthly listeners on Spotify alone and billions more in streams.
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