quote “The price is $200 million, which after taxes and paying all the lawyers involved, and maintaining Bieber’s lifestyle, is not a lot.”
what the hell is the wording coming to when $200 is “not a lot”
When you look at other recent sales like Springsteen ect, I thought he’d get more than that.
Bieber is stuned........................
Is he going to turn his beeber off and gets stuned?
He must figure his career is over. I never listened to any o his stuff, but it seems much of his popularity was due to his pretty boy status. But now with his facial paralysis that’s pretty much gone.
Probably a smart move as his catalog will eventually have diminishing value. AND, any future endeavors he would get paid.
$200 million for HIS music? That’s like stealing!
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.
Smart kid...
If he’s now smart enough to straighten up and fly right, this could be a good thing.
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.
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.
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!!!
How is his Pfizer Smile coming along? (facial paralysis)
Sounds like what Rossini did when it came to his operas 200 years ago...
Good money if you can get it. IF he invests it wisely and doesn’t go crazy on spending he’ll never have to work again.
Wise decision on his part I would say.
He had his moments of brilliance for his day.
Sell it.
Live comfortably and get yourself a view with a pond.
I say this as a boomer that never heard one song.