Justin Bieber has sold his share of the rights to his music for a reported £162m, that’s equivalent to over 3 and a half billion South African Rand!
Hipgnosis Songs Capital, who now own the Canadian's share of his back catalogue, will now receive a payment anytime one of the songs is played in public.
According to Sky News the company has acquired the rights to the 290 songs Bieber released before 31 December 2021, which include the smash hits, Baby, Sorry, and Love Yourself.
Welcome to the Hipgnosis family @justinbieber ?? pic.twitter.com/9VtOdJmSWL
— Hipgnosis Songs (@HipgnosisSongs) January 24, 2023