Britney Spears sells rights to her music catalogue in reported deal
The 44-year-old pop icon joins a growing list of artists who have sold their music rights in recent years
US singer Britney Spears has become the latest musician to sell the rights to her catalogue that includes hits like “Baby One More Time” and “Oops!...I Did It Again”, US media reported on Tuesday.
The deal is believed to be worth around US$200 million, according to sources cited by celebrity site TMZ, though it said the exact amount is not detailed in legal documents.
That sum would be comparable to the sale of Canadian singer Justin Bieber’s catalogue in 2023.
Spears, 44, joins a growing list of artists who have sold their music rights in recent years.
Notable sellers include Bruce Springsteen, who in 2021 made a deal with Sony Music Entertainment to relinquish his master recordings and songs for US$500 million. Shortly thereafter, David Bowie’s estate sold his songwriting catalogue to Warner Chappell Music for US$250 million. ZZ Top, Tina Turner and Paul Simon all made similar deals around the same time.
The Hollywood Reporter reported that the rights to Spears’ music were bought by music publisher Primary Wave, whose portfolio includes the works of Whitney Houston, Bob Marley, Prince and others.