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Done deal: Justin Bieber sells catalog to Hipgnosis’ Blackstone fund


It’s official: Justin Bieber has agreed to sell a career-long portfolio to Blackstone-backed Hipgnosis Songs Capital (HSC) in a nine-figure deal.

Hipgnosis today (January 24) announced via a press release that HSC has acquired “100% of Justin Bieber’s interest in his Publishing Rights (including his Performance Shares). fake), Master Record and Neighborhood Rights for Bieber’s entire back catalog, including over 290 pre-release titles December 31, 2021″.

[[[[Popular music group continues to own the following major recordings in Bieber’s catalog; looks like Hipgnosis will now receive Bieber’s artist royalties on those originals through Universal.]

The The Wall Street Journal reported in December that the Hipgnosis/Bieber deal would be worth around $200 million.

MBW understands that, prior to its agreement with Bieber, Hipgnosis Songs Capital (not to be confused with the UK-listed public institution, Hipgnosis Song Foundation) yes spend about 300 million USD on previous acquisitions. Those HSC acquisitions included categories/income streams related to artists such as Justin TimberlakeNelly Furtado, Leonard Cohenand Kenny Chesney.

The result: Hipgnosis Songs Capital has now splashed around half a billion dollars in catalog deals since its inception. launch in Q4 2021.

The acquisition of Bieber was made on behalf of Hipgnosis Songs Capital by its chief investment officer, Hipgnosis Song Management (HSM). (HSM is also an investment manager for the Hipgnosis Songs Fund.)

Based on Merck Mercuriadisfounder and CEO of Hipgnosis Song Management, deal with Bieber, their songs are already streaming 32 billion won time above Spotify alone, “ranks among the largest deals ever made to an artist under the age of 70”.

Bieber is estimated to have sold over 150 million copies worldwide to date. All six of Bieber’s official studio albums have been certified Platinum or multi-platinum by RIAA and 33 platinum or multi-platinum singles globally.

Bieber has three singles – Baby, Sorryand Despacito – has earned Diamond certification for US sales in excess of 10 million and is fourth in Love yourself that is set to reach the same state soon.

At just 28 years old, he is one of the few popular artists of the streaming era that has revitalized the entire music industry, bringing loyal audiences around the world with him on his journey. from teen phenomenon to culturally important artist.”

Merck Mercuriadis, Hipgnosis Song Manager

Merck Mercuriadis, Founder and CEO of Hipgnosis Song Management, said: “Justin Bieber’s impact on global culture over the past 14 years is truly remarkable.

At just 28 years old, he is one of the few iconic artists of the streaming era that has revitalized the entire music industry, bringing loyal audiences around the world with him on his journey. from teen phenomenon to culturally important artists. This acquisition is among the largest ever made for an artist under the age of 70, which is the strength of this incredible catalog that has nearly 82 million monthly listeners and over 30 billion streams. streaming only on Spotify.

“Scooter Braun has helped him build an amazing portfolio and it’s a pleasure to welcome Justin and his amazing songs and recordings to the Hipgnosis family.”

Scooter Braun

“Justin is truly an artist of his generation and that is reflected and acknowledged by the importance of this deal.”

Scooter Braun, Hybe USA

Scooter Braun, CEO of Hybe America and Justin Bieber’s manager for 15 years, said:I want to thank Merck and his entire Hipgnosis team and all of our partners involved for their hard work to make this historic agreement possible.

“When Justin made the decision to do a catalog deal, we quickly found the best partner to preserve and develop this great legacy, Merck and Hipgnosis.

“For over a decade now, Justin Bieber has entertained us and moved us with some of the best songs in the world. I am so proud of him and everyone who has joined over the years to help accumulate this incredible amount of work.

“Justin is truly an artist of his generation and that is reflected and acknowledged by the importance of this deal. For 15 years, I’ve been grateful to have witnessed this journey and today I’m so happy for all of the participants. Justin’s greatness has only just begun.”

News of Bieber’s deal comes eight months after another pop superstar, Justin Timberlake, sold his song catalog to Hipgnosis Songs Capital in one deal WSJ reported to be worth $100 million.

Elsewhere, in March 2022, Hipgnosis Song Management announced the acquisition of a portfolio spanning the career of legendary Canadian artist and composer, Leonard Cohen.

That thing marks a landmark agreement for private use, backed by Blackstone Hipgnosis Songs Capital ICAV fund, launched last year with a initial commitment from Blackstone about $1 billion.

Before announcing the deal for Leonard Cohen’s portfolio, in January, Hipgnosis Notice of acquisition 80% stake in country star Kenny Chesney’s recorded music royalty stream.

Hipgnosis Songs Capital is backed by Blackstone (Hipgnosis Songs Capital ICAV) which is a separate entity listed in the UK Hipgnosis Song Foundation.

Both of those funds (Hipgnosis Songs Capital and Hipgnosis Songs Fund) have investments managed by Hipgnosis Song Management, of which Blackstone is the Also an investor.


Many of the biggest catalog deals to date have actually been won by so-called ‘legacy’ artists.

In December 2021, Sony Music Corporation purchased two sets of rights from Bruce Springsteen – both recording and publishing music – covering the entire Springsteen catalog, in an agreement worth at least $500 million.

Bob Dylan, sold his recorded music catalog to Sony Music Entertainment in January 2022, in a deal that industry sources say is valued north of $150 million. Popular music group buying publishing rights to Dylan’s composition in one of the largest acquisitions in UMG’s history in December 2020, with prices likely to be between $300 million and $400 million.

Sting, meanwhile, sold his entire song catalog for Universal Music Publishing Group (UMPG) in February 2022 for Somewhere Around 300 million USD sign.


Elsewhere in the music rights acquisition space in 2023, on Monday (January 23) Warner Music Corporation hit one”milestone agreement” with legendary British progressive rock band YES to obtain the recorded music rights and income from the band’s “completeness”. Atlantic record era catalog.

Same day, Primary wave Music announced that it purchased the music rights to the late Robby Krieger and Ray Manzarek of the legendary American rock band, The Doors.Global Music Business

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