In one of the biggest business moves of her career, Britney Spears sold the rights to her music catalog within the same range as the deal Justin Bieber reportedly made when he sold his catalog. Now, insiders describe the deal as a major one, and potentially worth hundreds of millions. This deal ensures that the songs that made Spears a global name are now at the center of a new era, one marked by licensing and a long-term legacy value.
Britney Spears’ music catalog deal estimated to be similar to Justin Bieber’s $200 million deal, per report
TMZ exclusively reported that Britney Spears sold the ownership of her music catalog to Primary Wave in a “landmark deal,” with the value said to sit in the same range as Justin Bieber’s alleged $200 million deal for his catalog. The outlet cited legal documents it obtained and suggested that Spears signed the deal on December 30. Notably, the exact price did not appear in the report.
A source told TMZ that Spears felt good about the decision and has celebrated by spending time with her sons, Sean Preston Federline and Jayden James Federline. The reported sale covers a long list of signature hits that shaped late ‘90s and 2000s pop, including “…Baby One More Time,” “Oops!… I Did It Again,” “Toxic,” “Gimme More,” “Circus,” “Stronger,” “Lucky,” “I’m a Slave 4 U,” and “Piece of Me,” among others.
Neither Spears nor Primary Wave has publicly commented on the deal. But Spears is now in a group of major artists who have taken this step in recent years, including Bieber, and notably, Stevie Nicks, who previously sold an 80% stake in her publishing catalog to Primary Wave.
Spears is reportedly keeping her distance from the studio and stage. She released her last full album, “Glory,” in 2016, and has said in recent years that she does not plan to return to music as her fans expect her to.
Originally written by Ishika Mishra on Reality Tea.
