Justin Bieber is selling his music catalog for an amount of $200 million.

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Notably, the agreement would be with Hipgnosis Music.

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This would make him the youngest musician to sell the rights.

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The sale of catalog rights is usually done by artists with a long career.

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Justin's cancelled tours have hit his finances.

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In recent years, The posp star has canceled several concerts.

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This year he had cancellations due to health issue.

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He is practically running out of money and this is causing him problem.

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Bieber needs to have liquidity to fix his financial problems.

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