Justin Bieber has been in the music industry for over a decade, producing hit after hit and captivating audiences worldwide with his music. Recently, news broke that the pop star has sold his entire music catalogue for a whopping $200 million, fueling rumors that he may be considering retirement. In this article, we take a closer look at the sale of Bieber’s music catalogue and what it could mean for the pop star’s future.
The Sale of Justin Bieber’s Music Catalogue Justin Bieber has sold his entire music catalogue to music mogul Scooter Braun’s Ithaca Holdings. The $200 million deal includes all of Bieber’s recorded music, and the rights to future recordings. The sale comes as part of a larger deal in which Ithaca Holdings acquired Big Machine Label Group, the record label that originally signed Bieber in 2008. This acquisition has sparked controversy, as Taylor Swift, who was signed to Big Machine Label Group until 2018, publicly criticized the sale of her master recordings to Ithaca Holdings.
Retirement Rumors Surrounding Justin Bieber
The sale of Bieber’s music catalogue has led to speculation that the pop star may be considering retirement. In recent years, Bieber has taken a step back from the spotlight, canceling the remainder of his “Purpose” tour in 2017 to focus on his mental health. Since then, he has returned to music with his album “Changes” in 2020, but has not toured in support of the album due to the COVID-19 pandemic. Bieber has also been open about his struggles with fame and the toll it has taken on his mental health, leading some to believe that he may be ready to step away from the industry.
What’s Next for Justin Bieber?
While the sale of his music catalogue and rumors of retirement may suggest that Justin Bieber is ready to step away from music, it’s important to remember that the pop star is still only 27 years old. Bieber has been in the industry for over a decade and has evolved as an artist throughout his career. It’s possible that he may continue to make music, but on his own terms, taking the time he needs to focus on his mental health and personal life. Alternatively, he may choose to explore other avenues, such as acting or philanthropy.
The sale of Justin Bieber’s music catalogue for $200 million has sparked retirement rumors for the pop star. While it’s unclear what his next move will be, it’s important to remember that Bieber is still a young artist with many years ahead of him. Whether he chooses to continue making music or explore other avenues, fans will undoubtedly be excited to see what the future holds for one of the biggest names in pop music.