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Justin Bieber Cashes Out at 28, Sells Entire Song Catalog for $200 Mil, Raises Questions About Recording and Touring Future
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Original Message
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Dudes career is officially over...
Has not been seen in months since his diagnosis from vaccine damage...
Now, he cashes out while he can...
SMART MOVE!
An old friend, who has passed on, told me years before the kid went viral...
watch out for this guy...
boy was he right.
Justin Bieber has sold all his peaches.
The 28 year old pop star becomes the youngest of all music performers to sell the entire rights to his songs. The buyer is Hipgnosis, the very hot firm that has bought out catalogs of much older stars for more money and with more material. Universal Music Group will own Bieber’s master recordings. But all the songs like “Peaches” and “” will be owned by Hipgnosis including parts of songs he wrote with other people.
The price is $200 million, which after taxes and paying all the lawyers involved, and maintaining Bieber’s lifestyle, is not a lot.
This deal is surprising because it suggests a couple of things: that Bieber’s touring and recording future are question marks. The singer has cancelled many tours and pieces of tours because of exhaustion, and also because of medical issues like face paralysis. He’s conceded that he suffers from depression.
[link to www.showbiz411.com (secure)]
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