International pop star Justin Bieber has reportedly sold the rights to his music catalog in a move that has triggered intense speculation about his financial situation.
The reported transaction, valued at $200 million, has made headlines, with sources suggesting the decision was driven by economic pressure.
The claim emerged through TMZ, which alleged that the chart-topping singer opted to part with the catalog despite concerns raised by his former manager, Scooter Braun. Reports indicate Braun had reservations about the timing of the deal, reportedly citing missed tax advantages.
Though official confirmation has yet to come from Bieber or his team, the news has fueled discussions about the growing trend of artists monetizing their musical assets. Some observers view the decision as a reflection of the shifting economics of the music industry, while others speculate it may signal deeper financial issues.
TMZ’s reporting forms part of a broader documentary project investigating Bieber’s recent lifestyle and financial decisions. So far, neither the artist nor his representatives have commented on the claims.
Source: NewsandVibes.com