Britney Spears Sells Entire Music Catalog Rights
Pop icon Britney Spears has officially sold the rights to her extensive music catalog. Multiple sources, including Rolling Stone, confirm that the transaction was executed with Primary Wave. This acquisition includes her renowned tracks such as “… Baby One More Time,” “Oops! … I Did It Again,” and “I’m a Slave 4 U.”
Details of the Music Catalog Sale
The sale was reported to have been finalized on December 30. However, the exact financial terms remain undisclosed. Sources suggest that the deal may be similar to Justin Bieber’s $200 million agreement with Hipgnosis Songs Capital in 2023.
The deal grants Primary Wave ownership of Spears’ significant music collection. This company has a reputation for acquiring valuable music catalogs and has previously secured partnerships with the estates of notable artists like Whitney Houston and Prince.
Background on Primary Wave
- Founded to acquire music rights and catalogs.
- Previously purchased a 50 percent stake in The Notorious B.I.G.’s estate.
- Has worked with artists such as Stevie Nicks, Bob Marley, and Ric Ocasek.
Impact on Britney Spears
This acquisition marks a significant moment for Spears, who was released from a long-term conservatorship in 2021. While she hasn’t released a new studio album since 2016’s *Glory*, she remains active in music. In 2022, she collaborated with Elton John on the hit “Hold Me Closer” and worked with will.i.am from the Black Eyed Peas in 2023 for the song “Mind Your Business.”
The sale of her music rights allows Spears to receive considerable financial benefit, relieving her of the burdens associated with managing an extensive catalog of music. This strategic move positions her favorably as she navigates her artistic future.
