Britney Spears has entered into a major agreement in which she transferred her share of rights to famous hits to the music publishing company Primary Wave. This includes songs that topped global charts, such as "Baby One More Time" and "Toxic."
According to published information, the contract was signed on December 30. The exact amount of the deal is not officially disclosed; however, sources describe it as "significant" and estimate it to be around 200 million dollars.
According to insiders, the singer is pleased with the decision made and celebrated the completion of the deal with her family.
Thus, Spears has joined the list of global artists who have sold the rights to their music catalogs. Previously, similar steps were taken by Justin Bieber, Bob Dylan, Bruce Springsteen, Paul Simon, Neil Young, Shakira, members of the band KISS, and Sting.
