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Justin Bieber Joins Elite Group of Artists Selling Music Rights to Hipgnosis Songs Capital

Image courtesy of media-cldnry.s-nbcnews.com

Key takeaways:

  • Justin Bieber has signed an agreement with U.K.-based Hipgnosis Songs Capital to acquire the rights to his entire back catalog of releases through Dec. 31, 2021.
  • The deal includes publishing copyrights, master recordings, neighboring rights, artist loyalties, and publishing rights to a back catalogue that spans over 290 titles.
  • The acquisition of Bieber’s music rights is a major milestone for Hipgnosis Songs Capital and a testament to the singer’s immense success.

Pop sensation Justin Bieber has become the latest artist to join the ranks of those selling the rights to their music. The 28-year-old singer has signed an agreement with U.K.-based Hipgnosis Songs Capital, a venture between finance giant Blackstone and Hipgnosis Song Management, to acquire the rights to his entire back catalog of releases through Dec. 31, 2021.

The deal includes publishing copyrights, master recordings, neighboring rights, artist loyalties, and publishing rights to a back catalogue that spans over 290 titles, including hits like “Sorry” and “Despacito.” Bieber has sold over 150 million records globally and all six of his albums have been certified.

“At only 28 years of age, he is one of a handful of defining artists of the streaming era that has revitalized the entire music industry, taking a loyal and worldwide audience with him,” Merck Mercuriadis, founder and CEO of Hipgnosis Song Management said in a statement.

“This acquisition ranks among the biggest deals ever made for an artist under the age of 70,” Mercuriadis added. The agreement is a testament to Bieber’s influence on global culture over the last 14 years and his ability to captivate audiences around the world.

The acquisition of Bieber’s music rights is a major milestone for Hipgnosis Songs Capital and a testament to the singer’s immense success. With this agreement, Bieber joins the ranks of other high-profile artists who have sold their music rights to the venture.

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