Justin Bieber has sold the rights to all the songs he’s recorded so far. The new owner is the British investment company Hipgnosis Songs.

According to, among others variety The value of the deal amounted to more than 200 million dollars, or about 180 million euros. At the end of last month it was already known that the Canadian singer was negotiating with the company, but there was no agreement at that time.

The deal for the 28-year-old Bieber fits in with the trend of artists giving away their music rights for many millions. For example, sold Bruce SpringsteenBob Dylan, Phil Collins (along with his old band Genesis) and Neil Diamond have gained musical rights in recent years.

Hipgnosis Songs previously managed to acquire the rights to, among other things, half of Neil Young’s work (for about $150 million) and also has the rights to songs by Blondie and the Red Hot Chili Peppers. Additionally, the company is investing in the rights to a (relatively) younger generation of artists, including Bieber, Justin Timberlake, and Skrillex.

Bieber was discovered on YouTube and signed his first contract with Island Def Jam at the age of 14. Among other things, he scored hits with What you meanAnd Sorry And peach.

The singer announced last year that he had Ramsay Hunt syndrome, which left him temporarily paralyzed in part of his face. He canceled all planned performances, but later that year returned to the stage several more times. Then Bieber took another break due to fatigue. He was supposed to perform in Amsterdam this month, but those shows were also cancelled.