Entertainment
Justin Bieber sells the rights to his music catalog for $200 million
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Steph Deschamps / January 25, 2023
Canadian singer Justin Bieber has sold the rights to his music catalog to Hipgnosis for $200 million, following a long list of artists, such as Bob Dylan or Bruce Springsteen, who have given up their repertoire, the management company and a source close to the case said.
Hipgnosis has acquired Justin Bieber’s entire share of his publishing rights (including the author’s share of the performance), master recordings and related rights for his entire catalog,” announced Hipgnosis, the music rights management company that already owns the Red Hot Chili Peppers. Hipgnosis did not communicate an amount.
The Wall Street Journal had mentioned a sum of about 200 million dollars in December, confirmed Tuesday to AFP by a source close to the case. The repertoire includes more than 290 titles released before December 31, 2021, including his biggest hits “Baby”, “Sorry” and “Love Yourself”.
This transaction is the latest episode in a long series of buyouts of copyrights or publishing rights of dead or living artists’ catalogs, but considered timeless, which have become valuable assets especially with the streaming revolution.
The buyout came as part of Hipgnosis’ partnership with financial management firm Blackstone, which had announced in late 2021 that it would contribute $1 billion to help Hipgnosis continue to buy into music.
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Steph Deschamps / July 14, 2024
American actress Shannen Doherty, who came to public attention for her role as Brenda in Beverly Hills 90210, died on Saturday at the age of 53, her agent Leslie Sloane told People magazine on Sunday. She had been suffering from cancer for several years.
“On Saturday, July 13, she lost the fight she had waged for many years against the disease,” said Leslie Sloane.
Born in 1971, Shannen Doherty quickly found her way into the spotlight, starting her career with a role in “Little House on the Prairie” in 1982.
From 1990 to 1994, she played Brenda Walsh in the cult classic “Beverly Hills 90210”, a role that brought her international fame. A few years later, from 1998 to 2001, she became Prue Halliwell in the series “Charmed”. Between several TV films and reality TV experiences, she also reunited with Brenda Walsh in the reboot of the series, “90210” in the late 2000s.
Shannen Doherty had been diagnosed with breast cancer in 2015. Some time later, the disease had returned, at stage 4. The cancer then generalized. She passed away on Saturday, surrounded by her loved ones.
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Steph Deschamps / June 22, 2024
Donald Sutherland, the eclectic actor best known for “The Dirty Dozen” and his role as a dictator in “The Hunger Games”, has died aged 88, his son Kiefer Sutherland announced on Thursday.
“It is with a heavy heart that I announce the death of my father,” announced the British-Canadian, also an actor, on X, hailing “one of the most important actors in the history of cinema ».
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Steph Deschamps / June 22, 2024
Donald Sutherland, the eclectic actor best known for “The Dirty Dozen” and his role as a dictator in “The Hunger Games”, has died aged 88, his son Kiefer Sutherland announced on Thursday.
“It is with a heavy heart that I announce the death of my father,” announced the British-Canadian, also an actor, on X, hailing “one of the most important actors in the history of cinema ».
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