Britney Spears sold the rights to her songs for $200 million. The main thing
American singer Britney Spears has sold the rights to her music catalog to Primary Wave for about $200 million. All the details are in the Izvestia article.
Career and achievements
Britney Spears gained worldwide fame in the late 90s after the release of the track "Baby One More Time", which topped the Billboard 200. Her second album is "Oops... I Did It Again", released in 2000, broke sales records, selling 1.3 million copies in its first week. During her career, the singer has been awarded numerous awards, including a Grammy Award for the single "Toxic".
Spears became the only one among the young artists whose records occupied the first lines of the American charts six times. Over the years, she has collaborated with renowned producers and musicians, including recording duets with Michael Jackson and Elton John.
Legal status and finances
The singer's financial situation has been under external control for a long time. In 2008, Britney Spears was declared partially incompetent, after which her father and a court-appointed lawyer handled her cases. The guardianship period ended only on November 13, 2021, by a decision of an American court.
Music catalog sale
Britney Spears signed an agreement to sell the rights to her music on December 30. According to the TMZ portal, citing sources, the contract amount was approximately $ 200 million. The buyer was the publishing house Primary Wave, which already owns the rights to the music of such legendary artists as Bob Marley, Whitney Houston and John Lennon.
The catalog includes world-famous hits of the singer, including the compositions Toxic, Baby One More Time, Gimme More and Everytime. Experts call this deal a landmark and comparable in scale to the contract of Justin Bieber, who previously also sold his music for a similar amount.
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