Justin Bieber Reportedly Sold Music Catalog for $200M

Canadian pop sensation Justin Bieber has reportedly sold the rights to his music catalog, allegedly due to financial difficulties, according to a report from TMZ.

The 29-year-old singer, known for being one of the best-selling music artists globally, is said to have closed the deal for a reported $200 million. While TMZ did not reveal specific details of the transaction, additional sources suggest that Bieber’s former longtime manager, Scooter Braun, had advised against the sale, citing potential tax implications and long-term benefits.

Despite the advice, Bieber is believed to have moved forward with the deal. The move has since stirred discussion across the industry about the shifting dynamics of music ownership and artist finances in today’s market.

Neither Bieber nor his current management team has officially commented on the reported sale or the surrounding speculation.

In a post promoting its new documentary, TMZ Investigates: What Happened to Justin Bieber, the outlet claims:

“Justin Bieber made somewhere between $500 million and $1 billion as the world’s biggest pop star, but he blew it all and ended up being in such dire financial shape he had to sell his music catalog for $200 million.”

The documentary is said to explore the pop star’s career, personal life, and reported financial troubles in greater detail.