Justin Bieber, a popular singer from Canada, has sold the copyright of 291 of his songs released by the end of 2021 to a British company for more than 200 million dollars, or approximately 26 billion yen in Japanese yen. I understand.
This was revealed by multiple media outlets such as the British company "Hypnosis Songs Capital", which manages and invests in songs, and the United States.
The sold songs include hits such as "Baby" and "Sorry".
According to multiple media such as the United States, the sale amount is the largest sale amount ever among singers of the same age as Bieber.
As the use of music distribution services expands, the sale of songs is also being done by big artists such as American singer-songwriter Bob Dylan, and it is believed that the price of ownership of songs is rising.