Once again a major artist has decided to sell their entire music Collection. Justin Bieber has sold his catalog to Hipgnosis, the music rights investment company announced Tuesday.
The lucrative deal is valued at nearly $200 million according to reliable sources and the sale is the largest of any artist of Bieber’s generation. Recently several other greats have sold off their works including none other than
Bob Dylan, Bruce Springsteen, Neil Young, Stevie Nicks, Justin Timberlake, Sting and many others. Last year the Warner Music Group also purchased late British rock star David Bowie’s entire catalog that’s nearly 60 years of work. It seems the “ get the money now” trend is growing quickly and there’s no doubt many others will be doing the same soon.
