Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Justin Bieber Cashes Out at 28, Sells Entire Song Catalog for $200 Mil, Raises Questions About Recording and Touring Future
Show Biz ^ | 01/24/23 | Roger Friedman

Posted on 01/25/2023 5:55:55 AM PST by Enlightened1

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 “”Love Yourself” 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.

(Excerpt) Read more at showbiz411.com ...


TOPICS: Business/Economy; Chit/Chat; Miscellaneous; Music/Entertainment
KEYWORDS: 200million; cashedout; justinbieber; songs
Navigation: use the links below to view more comments.
first 1-2021-4041-52 next last

1 posted on 01/25/2023 5:55:55 AM PST by Enlightened1
[ Post Reply | Private Reply | View Replies]

To: Enlightened1

quote “The price is $200 million, which after taxes and paying all the lawyers involved, and maintaining Bieber’s lifestyle, is not a lot.”

what the hell is the wording coming to when $200 is “not a lot”


2 posted on 01/25/2023 5:58:09 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

When you look at other recent sales like Springsteen ect, I thought he’d get more than that.


3 posted on 01/25/2023 5:58:18 AM PST by ChinaGotTheGoodsOnClinton (Dems: We cheated fair and square!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasFreeper2009

million I mean, but left out


4 posted on 01/25/2023 5:58:28 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 2 | View Replies]

To: Enlightened1

Bieber is stuned........................


5 posted on 01/25/2023 5:58:53 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasFreeper2009

Think they meant for Bieber?


6 posted on 01/25/2023 5:59:08 AM PST by Enlightened1
[ Post Reply | Private Reply | To 2 | View Replies]

To: TexasFreeper2009

Taxes, lawyers, agents aren’t free. I bet he is lucky to see even half that.


7 posted on 01/25/2023 5:59:39 AM PST by wgmalabama (Censored!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: TexasFreeper2009
what the hell is the wording coming to when $200 [million] is “not a lot”

It's a helluva lot for you and me, but for someone who wants to maintain a mansion in Beverly Hills, apartments in NYC, Paris, and London, and wants to fly a private jet everywhere, $200 million just ain't what it used to be...

8 posted on 01/25/2023 6:01:37 AM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
[ Post Reply | Private Reply | To 2 | View Replies]

To: wgmalabama

i am sure that hipnosys will pick up the legal tabs and bieber will be just fine...

he will be doing all the vaccination pushes for the cdc soon


9 posted on 01/25/2023 6:01:57 AM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
[ Post Reply | Private Reply | To 7 | View Replies]

To: TexasFreeper2009

A hundred million here, a hundred million there, pretty soon you are talking real money.


10 posted on 01/25/2023 6:06:05 AM PST by JSM_Liberty
[ Post Reply | Private Reply | To 4 | View Replies]

To: Enlightened1

Is he going to turn his beeber off and gets stuned?


11 posted on 01/25/2023 6:07:08 AM PST by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN

He’ll tour, even if it’s coffee shops. This is what they do.


12 posted on 01/25/2023 6:10:48 AM PST by DIRTYSECRET
[ Post Reply | Private Reply | To 11 | View Replies]

To: wgmalabama

Even if he only was left with ONE BILLION.

He could put that into a CD or a savings account with zero risk and even at a paltry 3% return earn, $30 million a year in interest alone, without ever touching the original $1 billion.

If your lifestyle is burning through more than $30 million a year, it’s time to reevaluate your choices.


13 posted on 01/25/2023 6:11:13 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 7 | View Replies]

To: TexasFreeper2009

OOOOOOOOOOOOOOOO I read that wrong, I thought it said $200 billion!

LMAO

never mind, too early, need more coffee


14 posted on 01/25/2023 6:12:20 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 13 | View Replies]

To: Enlightened1

He must figure his career is over. I never listened to any o his stuff, but it seems much of his popularity was due to his pretty boy status. But now with his facial paralysis that’s pretty much gone.


15 posted on 01/25/2023 6:16:45 AM PST by jimwatx
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChinaGotTheGoodsOnClinton

Bieber didn’t write most of his music, so his share of the take is going to be smaller per song.


16 posted on 01/25/2023 6:17:27 AM PST by Jonty30 (THE URGE TO SAVE THE WORLD IS ALMOST ALWAYS AN URGE TO RULE IT)
[ Post Reply | Private Reply | To 3 | View Replies]

To: wgmalabama

Purely a guess...but I think you’re right on!

Start - 100%
Agent - (10%)
Manager - (15%)
Lawyer - (5%)

Gross - 75%
Lives in FLA? - State Tax (0%)
Fed Tax - (37%)

Net Inc - .75*.63 = 47%


17 posted on 01/25/2023 6:17:47 AM PST by HombreSecreto (The life of a repo man is always intense)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Enlightened1

Probably a smart move as his catalog will eventually have diminishing value. AND, any future endeavors he would get paid.


18 posted on 01/25/2023 6:19:52 AM PST by 1Old Pro
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

Well played.


19 posted on 01/25/2023 6:25:49 AM PST by Mr. Lucky
[ Post Reply | Private Reply | To 5 | View Replies]

To: TexasFreeper2009
The 1980's method of calculating CPI (see Shadowstats) and the Chapwood index both put real inflation in the U.S. at about 14%

This means that a 3% savings account would lose (roughly) 11% in buying power every year

It's time to leave the dollar.

20 posted on 01/25/2023 6:36:21 AM PST by agere_contra
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-52 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson