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Justin Bieber Cashes Out at 28, Sells Entire Song Catalog for $200 Mil, Raises Questions About Recording and Touring Future
Show Biz ^ | 01/24/23 | Roger Friedman

Posted on 01/25/2023 5:55:55 AM PST by Enlightened1

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To: 1Old Pro

Very smart move. Retire in comfort at 28 years old. Some savvy investments should produce a great lifestyle.


21 posted on 01/25/2023 6:38:18 AM PST by cyclotic (Follow 1776rm.com. Fighting for our Constitution. @1776RM on Truth)
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To: Enlightened1

$200 million for HIS music? That’s like stealing!


22 posted on 01/25/2023 6:43:17 AM PST by subterfuge (I'm a pure-blood!)
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To: TexasFreeper2009

> what the hell is the wording (world) coming to when $200 is “not a lot”

Well, cut it in half at least, and that pretty much rules out the personal private jet. He might have to resort to time shares with some other “no so much billionaires”.


23 posted on 01/25/2023 6:45:24 AM PST by glorgau
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To: agere_contra

“The 1980’s method of calculating CPI (see Shadowstats) and the Chapwood index both put real inflation in the U.S. at about 14%”

Gotta invest internationally now. Like jumping rocks across a raging river.

My best deal so far was a Thai investment bank that got bought out. Returned 140% dividend two months after purchase than bought out in a merger for another 500% return.


24 posted on 01/25/2023 6:46:16 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: DIRTYSECRET

This is what they do.

Willie Nelson, On the road again and 89 years old. I saw Bob Dylan last year, he’s 81.


25 posted on 01/25/2023 6:47:15 AM PST by Jolla
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To: Enlightened1

It doesn’t mean he doesn’t get paid for his songs. It means that he no longer controls where they can be used.

Each one of those buyouts has detailed clauses about future fees.


26 posted on 01/25/2023 6:53:00 AM PST by Vermont Lt
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To: Justa
Like jumping rocks across a raging river.

Picturesque analogy!

27 posted on 01/25/2023 6:53:26 AM PST by agere_contra
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To: ChinaGotTheGoodsOnClinton

I probably hear one or two “classic” Springsteen songs every week. I wouldn’t know a Bieber song if you strapped me to a chair and put a gun to my head.

His stuff is disposable.


28 posted on 01/25/2023 6:54:46 AM PST by Vermont Lt
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To: Enlightened1

Smart kid...


29 posted on 01/25/2023 6:55:28 AM PST by mac_truck (aide toi et dieu t'aidera)
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To: Justa

Inflation is very difficult to measure accurately (even if you are making an honest effort at it).

The reason is because consumers will adjust their expenditures toward items with lower cost increases and away from items with higher cost increases.

Obviously there are many expenses that cannot be avoided—but there are many that can be.

One good example is vacations—folks can take cheaper ones or not take them at all.

Autos—one can buy a new one or keep driving around the old one a few years longer.

University—go for a state school instead of a private school

etc etc etc.

As consumers “trade down” they lower their own costs below the “rate of inflation”.


30 posted on 01/25/2023 6:59:49 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Enlightened1

If he’s now smart enough to straighten up and fly right, this could be a good thing.


31 posted on 01/25/2023 7:03:21 AM PST by G Larry ( "woke" means 'stupid enough to fall for the promotion of every human weakness into a virtue')
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To: Yo-Yo

Since becoming a born-again Christian, Bieber seems to have reined himself in quite admirably. He may be smarter than he looks.


32 posted on 01/25/2023 7:04:27 AM PST by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: Enlightened1

I assume he has health issues. His only reason for owning his library is to tour. But if he does not think he will be able to tour in the future, he might as well sell the songs now and invest in the market. Even if he sings at small venues, its better to sell now while the songs are still known.

I assume he has realized that touring is inconsistent with a healthy lifestyle. And selling your song book allows you to change your lifestyle, have a steady flow of cash, and maybe have a family. Or just live to a ripe old age.


33 posted on 01/25/2023 7:04:45 AM PST by poinq
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To: Enlightened1
James Earl Jones reads Justin Bieber
34 posted on 01/25/2023 7:09:37 AM PST by real saxophonist (Hoplophobia will never be in the DSM, because the DSM is written by hoplophobes.)
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To: Enlightened1
South Park - Justin Bieber dies (HD)
35 posted on 01/25/2023 7:11:20 AM PST by real saxophonist (Hoplophobia will never be in the DSM, because the DSM is written by hoplophobes.)
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To: Enlightened1

He’d have to pay me 200 million to play one of his songs. Or at least buy me a nice Selmer Series III tenor.


36 posted on 01/25/2023 7:13:26 AM PST by real saxophonist (Hoplophobia will never be in the DSM, because the DSM is written by hoplophobes.)
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To: Enlightened1

Todd for him the entertainment industry is a total cesspool at 28 and plenty of money maybe he can have a NORMAL life I wish him the best!!!


37 posted on 01/25/2023 7:19:30 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Trump Girl Kit Cat

Todd = GOOD GEEZE!!!


38 posted on 01/25/2023 7:21:05 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Red Badger
Bieber is stuned........................

LOL. Perfect!

39 posted on 01/25/2023 7:23:17 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: Vermont Lt
wouldn’t know a Bieber song if you strapped me to a chair and put a gun to my head.

I recently had a similar exchange with one if my kids regarding Taylor Swift. I said that I couldn't name a TS song and asked her how many she could name. She rattled off about a dozen before telling me she wasn't really a fan. Lots of people listen. Just not us.

40 posted on 01/25/2023 7:29:14 AM PST by Poison Pill
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