Royalties are the most precious treasure of singers and songwriters, because most of their income comes from them, which can run into the millions from world-class artists, such as Justin Bieber.
According to information from The Wall Street Journal, Justin would be about to sell his catalog of recordings for the modest sum of 200 million dollars.
The sale is being negotiated with Hipgnosis Songs Capital, a company backed by venture capital fund Blackstone, which has just paid Justin Timberlake $100 million for its music catalog.
If the company is able to complete the deal, it will get one of Justin Bieber’s largest music collections, consisting of six studio albums, exclusive singles and collaborations with other artists.
For the moment, neither the Canadian singer nor his representatives have confirmed the sale of the musical rights.
However, experts in finance and the artistic community claim that the interpreter of Sorry You should seek advice before giving an answer, because you should analyze the advantages and disadvantages that it would bring to your career, because whoever buys the music rights will have the power to use them in what he wants: series, films, advertising and even in the dissemination of its content on social networks and/or digital platforms.
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