The song investment firm has acquired around 290 titles from the music superstar in a deal hammered out by longtime manager Scooter Braun.
Terms of the catalog deal with Bieber’s longtime manager Scooter Braun were not disclosed, but the transaction gives the song investment company all publishing copyrights and master recordings for Bieber’s entire back catalogue and career to date, or around 290 titles previously released.
Artists like Bieber, Bob Dylan, David Bowie’s estate and Stevie Nicks have sold their song catalogs to music labels as they in turn look to cash in on royalties, licensing, brand deals and other alternative revenue streams.
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