POP star Justin Bieber is nearing a deal worth about $200 million to sell his music rights to Blackstone Inc.-backed Hipgnosis Songs Capital, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
JUSTINBIEBERMUSIC.COM/ CRED MIKE ROSENTHAL
Hipgnosis buys song catalogs from artists and earns revenue when their music is streamed online or used in movies or advertising.
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