Justin Bieber just sold his entire music catalog. Here's why companies are eager to strike these massive deals
Briefly

Music superstars are cashing in on a red-hot market.Justin Bieber on Tuesday joined a growing list of iconic singers who have struck mammoth deals to sell their music catalogs or, in some cases, their masters for hundreds of millions of dollars.The song management company Hipgnosis said that it had acquired the rights to Bieber's entire music catalog in an acquisition that ranks among the biggest deals ever made for an artist under 70.
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