Justin Bieber Sold His Music Catalog at the Ripe Old Age of 28

Justin Bieber has sold everything. All of it! “Baby”? “What Do You Mean?”? “Sorry”? Gone! The private-equity-backed Hipgnosis Song Management bought Bieber’s entire music catalog, meaning publishing rights and his masters, for a lot of money presumably (Universal Music Group has retained the recorded-music copyright). Neither side will confirm how much, but the catalog is grade A, pure American-by-way-of-Canada pop. The estimate is just above $200 million, per Billboard. Catalog sales seem to attract musicians at the end of their careers, ones who can look back on their body of work and say, sure, use those songs in car commercials,… Read Full Article