Justin Bieber reportedly sold music catalog for $200M
Canadian singer-songwriter, Justin Bieber reportedly sold his music catalog due to alleged financial struggles.
Canadian singer-songwriter, Justin Bieber reportedly sold his music catalog due to alleged financial struggles.
According to a report from TMZ, a popular American online tabloid news organization, Justin Bieber, one of the worldâs best-selling artists, sold his music catalog for $200 million.
Although,TMZ didnât provide further details about the reported music catalog sale, further reports claim Justin Bieberâs former manager, Scooter Braun, advised against the deal due to potential tax benefits.
However, Justin Bieber proceeded with the deal.
Meanwhile, this has sparked widespread debate about the music industryâs evolving landscape, with Justin Bieber or management team yet to address the swirling reports.
Read TMZâS Post BelowâŚ.
âJustinBieber made somewhere between $500 million and $1 billion as the worldâs 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 millionâ.
âTMZ has a new documentary, âTMZ Investigates: What Happened to Justin Bieber,â and part of our investigation digs into Justinâs money problemsâ.
See belowâŚ.