Legal and commercial implications of the sale of music catalogue: Justin bieber as a case study

On January 24, 2023, Justin Bieber reportedly sold all the rights to his music catalogue; including his masters, publishing rights and all monies generated from the writer’s share of his public performance royalties, to Hipgnosis Song Management (“Hipgnosis”). The deal was valued at a whopping $200,000,000 (Two Hundred Million Dollars). Since his music career took off in 2010, Justin has had major international hits to his credit; like ‘Baby’, ‘Stay’, ‘Sorry’, among other singles and successful collaborations. These hits have spawned 6 studio albums and several compilation albums. His $200M deal grants Hipgnosis, all Justin’s rights to a catalogue containing about 291 songs released before December 31, 2021