Justin Bieber sells all music rights for $200M

After the Canada native was discovered on YouTube as a teen, Bieber skyrocketed to global fame, selling more than 150 million records.

"The impact of Justin Bieber on global culture over the last 14 years has truly been remarkab le," said Hipgnosis chief Merck Mercuriadis, a longtime music industry executive, in a statement. Bieber's health has suffered recently, with the star going on an indefinite touring hiatus after he revealed he'd been diagnosed with Ramsay Hunt Syndrome, a rare complication of shingles that for him caused partial facial paralysis.The owners of a song's publishing rights receive a cut in a number of scenarios, including radio play and streaming, album sales, and use in advertising and movies. Recording rights govern reproduction and distribution.

That move stemmed from Swift's very public feud with Scooter Braun, the music manager whose company once owned her original masters, and later sold them to the investment firm Shamrock Holdings.

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