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JB sells old songs - 13th February 2023
Justin Bieber is a famous pop star. He sold all his songs for $200 million.
Justin Bieber has 290 songs. His songs were played on the radio or on the internet. He earned money from this. Now, a music company will earn money from the songs. But Bieber now has $200 million more in the bank.
Other musicians sell their songs too. They usually sell them when they are old. Bieber is only 28. He can make more music. What will he do with $200 million? Maybe he can make more money with it.
The name of the music company is Hipgnosis. They bought Bieber’s songs. Bieber’s fans are young. Hipgnosis wants them to listen to Bieber's music for many years. One Bieber song made $4 million in one year from Spotify alone.
The music company will make money from Bieber’s music. Music is always popular. Hipgnosis thinks Bieber’s songs will make lots of money in the future.
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