Why Justin Bieber’s Latest Move Has Everyone Talking

Canadian pop sensation Justin Bieber has reportedly sold the rights to his entire music catalog to Hipgnosis Songs Capital for a staggering $200 million, amid claims of financial difficulties.

According to TMZ, Bieber’s decision to cash out came despite warnings from his former longtime manager Scooter Braun, who allegedly advised the artist to hold off until January 2023 to maximize tax benefits. Nonetheless, the deal was finalized ahead of schedule.

The 29-year-old singer, known for global hits like “Sorry”, “Peaches”, and “Love Yourself”, has not publicly addressed the claims, nor has his management issued an official statement.

TMZ further revealed in its new documentary, “TMZ Investigates: What Happened to Justin Bieber,” that the pop star may have burned through a large portion of his reported fortune — once estimated between $500 million and $1 billion — leading to the decision to offload his music catalog.

The sale has reignited discussions about the financial pressures of fame and the growing trend of major artists selling off their rights in exchange for lump-sum payouts.

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