The Cost of Freedom is $270 Million... Britney Spears Sells All Her Hit Songs

From 'Pop Fairy' to a True Free Person, Britney Spears has sold her entire music career for an astronomical amount.

According to foreign media such as TMZ and NBC News on the 11th (Korean time), Britney Spears has signed a contract to transfer ownership of her entire music catalog to the music publishing company 'Primary Wave'. According to legal documents, the signing was completed on December 30 of last year, and the sale amount is reported to be approximately $200 million (about 270 billion won). This is a 'landmark deal' equivalent to the sale scale recorded by Justin Bieber in 2023.

◆ "The Owner of My Songs is Now the Company"

With this contract, Primary Wave will acquire the rights to Spears' hit songs that have swept the globe, from her debut song '...Baby One More Time' to 'Oops!... I Did It Again', 'Toxic', 'Gimme More', and more. The company will exclusively receive all revenues generated from streaming, TikTok sounds, advertisements, and movie placements. Primary Wave is already a massive company managing the catalogs of legendary artists such as Bob Marley, Whitney Houston, and Prince.

◆ Enjoying 'Real Life' After Leaving the Stage

Spears' decision is widely analyzed as a step towards retirement from the music industry. She has not released new music since her 2016 album 'Glory' and has not performed on stage since 2018. In particular, last month she made it clear through social media that "I will never perform in the U.S. again," leaving fans disappointed. In 2021, after being freed from the conservatorship that had constrained her for 13 years, she is now spending quality time with her children using the proceeds from the sale alongside her manager Cade Hudson.

Following Bob Dylan and Bruce Springsteen, Britney Spears is the latest to cash in on a large sum and transfer rights. The 'catalog sale' has now become a new retirement plan for pop stars.