Kathmandu- Hipgnosis Songs Capital has purchased Justin Bieber’s portion of the music rights from him for an estimated $200 million (£162 million).One of the best-selling artists of the twenty-first century, Justin Bieber, is the latest artist to make a profit off of their back catalogs. Hipgnosis will now be compensated any time one of its songs is streamed or heard in a movie, TV show, or other media.
Additionally, it now owns a portion of the original master recordings of his songs. That covers all of his songs that was made available before December 31, 2021.