Justin Bieber Reportedly Close To Finalizing Sale Of Music Catalog For Over $200 Million


The singer's popularity and the commercial success of his hits could make the deal worth it for Hipgnosis.

Credit: Justin Bieber/Instagram

It is said that Justin Bieber is nearing an agreement to sell his music catalog for a favorable price!

According to Billboard, the singer is close to signing a deal to sell his music catalog to Hipgnosis Songs Capital for a reported sum of over $200 million.

Related: Justin Bieber Once Took Issue With Eminem's Criticism Of New Rappers

The deal is said to include Bieber's most popular hits, such as "Baby" and "Love Yourself," and is expected to be finalized in the coming days.

Bieber's catalog, which is only about a decade old, is considered by some to be relatively untested and therefore a risky investment.

Related: Justin Bieber Recognizes a Low Point in his Life — his 2014 Arrest

However, the singer's popularity and the commercial success of his hits could make the deal worth it for Hipgnosis.

Bieber would join a list of major artists who have sold their music catalogs to Hipgnosis, which has become a major player in the music industry through its acquisitions.

The sale of Bieber's catalog would be a significant milestone for the singer, as he continues to build his career and legacy in the music industry.

Related: Photos Of Justin Bieber Peeing Behind A Tree Goes Viral

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