The possible agreement includes the participation of the Canadian artist both in his editorial catalog as in the of recorded musicaccording to the report.
Hipgnosis buys song catalogs from artists and earns revenue when their music is played online or used in movies or advertising.
Bieber rose to fame at the age of 13 after the success of his song “Baby.” The pop star revealed in June that she had been diagnosed with the syndrome of ramsay huntwhich left half of his face paralyzed and forced him to cancel his performances.
Fellow singer Justin Timberlake sold the rights to his songs, including hits like “Cry Me A River” and “Rock Your Body,” to Hipgnosis Song Management in May.
Blackstone and Hipgnosis Song Management Ltd announced a partnership in October to invest about $1 billion in music rights acquisition and catalog management.
Hipgnosis and Bieber did not immediately respond to a Reuters request for comment.