Here comes the $200million man! Justin Bieber celebrates with wife Hailey in NYC after selling off his entire music catalog in massive deal
- The pop star, 28, and his supermodel wife, 26, were seen for the first time since news broke that he sold the musical rights to his work over the past 15 years
- The sale means the performer no longer owns the rights to more than 290 tracks
- He first entered the spotlight in 2009, after he was discovered on YouTube
Justin Bieber was seen for the first time since selling his entire music catalog on Tuesday for $200million while out in New York City with his wife Hailey.
After allowing Hipgnosis Song Management to buy the musical rights to his work over the past 15 years, the pop star, 28, walked arm-in-arm with his spouse, 26, who sported a maroon t-shirt under a fuzzy black jacket.
For their laid-back outing, he wore a mustard yellow tee, baggy white pants and cozy orange cardigan.
Feeling good: Justin Bieber was seen for the first time since selling his entire music catalog on Tuesday for $200million while out in New York City with his wife Hailey
He completed his funky look with a beanie, white shades and green sneakers.
Meanwhile, Hailey showed off her sensational sense of style in flared jeans, black heeled boots and a gold-rimmed sunglasses over her hazel eyes.
The Vogue cover girl styled her chic outfit with a pair of sparkly hoop earrings and minimal makeup as she showcased her natural beauty.
Looking good! After selling his music rights to Blackstone-backed Hipgnosis Songs Capital, the 28-year-old pop star walked arm-in-arm with his supermodel spouse, 26, who sported a maroon t-shirt under a fuzzy black jacket
Chic: As she cut a casual figure in a pair of flared jeans and black heeled boots, the Rhode founder kept her hazel eyes concealed under a pair of gold-rimmed sunglasses
Their sighting comes after sources told Variety that Justin’s songs will continue to be administered by Universal Music, where he has been throughout his 15-career.
Founder of Hipgnosis Song Management Merck Mercuriadis released a statement on Tuesday about the acquisition which read: ‘The impact of Justin Bieber on global culture over the last 14 years has truly been remarkable.
‘This acquisition ranks among the biggest deals ever made for an artist under the age of 70, such is the power of this incredible catalog that has almost 82 million monthly listeners and over 30 billion streams on Spotify alone.
Going strong: Justin and Hailey got married in September 2018; seen in 2021
‘Scooter Braun has helped him build a magnificent catalog, and it’s a pleasure to welcome Justin and his incredible songs and recordings to the Hipgnosis family.’
This comes just a month after the report that the Grammy winner was closing in on a deal to sell his entire music catalog for nearly $200million, reported The Wall Street Journal.
At the time, the singer was reportedly in negotiations with Blackstone-backed Hipgnosis Songs Capital in a deal, which would include both his publishing and recorded music catalog.
Impressive: On Tuesday, the Canadian crooner sold his music rights to Blackstone-backed Hipgnosis Songs Capital for over $200 million the company
The Sorry hitmaker has released six studio albums over the years, along with scores of singles and collaborations with artists including Ludacris, Nicki Minaj and Jaden Smith.
Hipgnosis Song Management offer investors the chance to earn royalties from the work of a diverse range of artists such as Barry Manilow and Beyonce. The deal with Bieber was be the biggest the company has ever negotiated.
The star is worth an estimated $300 million and has sold 150million records worldwide, making him one of the most successful recording artists in history.
Sweet: The week also marked a major milestone for Hailey’s older sister, Alaia Baldwin, who turned 30 on Monday
Sisters: To celebrate her sibling’s birthday, Hailey shared a sweet throwback of herself as a baby as Alaia planted a sweet kiss on her cheek
‘Big sister is the big 30,’ she captioned the image, before sharing a more recent one, with a text box that read: ‘Love you to the moon and back’
The week also marked a major milestone for Hailey’s older sister, Alaia Baldwin, who turned 30 on Monday.
To celebrate her sibling’s birthday, Hailey shared a sweet throwback of herself as a baby as Alaia planted a sweet kiss on her cheek.
‘Big sister is the big 30,’ she captioned the image, before sharing a more recent one, with a text box that read: ‘Love you to the moon and back.’
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