25
Jan
Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m. The firm now owns the pop star’s stake in some of the biggest hits of recent years – including “Baby” and “Sorry”. Bieber, one of the best-selling artists of the 21st Century, joins a growing group of artists who have cashed out on their catalogues. The move means Hipgnosis will receive a payment every time a song they own part of is played in public. The company – a $1bn venture between financial giant Blackstone and the British Hipgnosis Song Management…