Sad News: The World shocked to hear the news about the Canadian musician, Justin Bieber who was 30 years old before the sad news, Justin said in his words.see more….

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Pop juggernaut Justin Bieber has sold his music publishing and recording catalogue shares to the Blackstone-backed Hipgnosis Songs Capital for $200m, the company said, marking the industry’s latest blockbuster rights deal.

 

Sad News: The World shocked to hear the news about the Canadian musician, Justin Bieber who was 30 years old before the sad news, Justin said in his words.see more....

 

The sale has been rumoured for weeks and sees the 28-year-old join a who’s who of artists who have cashed out recently on their catalogues.Hipgnosis did not publicly disclose the terms of the deal, but a source close to the matter told AFP news agency it was worth about $200m.

“The impact of Justin Bieber on global culture over the last 14 years has truly been remarkable,” Hipgnosis chief Merck Mercuriadis, a longtime music industry executive, said in a statement on Tuesday.

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