Britney Spears, the queen of millennial-era bubble-gum pop, has sold her music catalog, according a person familiar with the deal.
Her music rights were acquired by Primary Wave, a New York-based music and marketing company that specializes in catalog deals, according to the person, who was not authorized to discuss it publicly.
Spokespersons for Spears and Primary Wave declined to comment. The news was reported earlier on Tuesday by TMZ.
Details of the transaction were unclear, including the price and exactly what rights were transferred. Similar catalog acquisitions frequently include the artist’s royalties as a performing artist and any songwriting rights, which are separate from those for recordings.
With hits like “ … Baby One More Time,” “Oops! … I Did It Again” and “Toxic,” Spears, 44, became an icon of the new wave of candied electronic pop that dominated the music industry in the late 1990s and early 2000s. She sold tens of millions of albums, scored five No. 1 hits on Billboard’s Hot 100 singles chart and was tracked incessantly by the celebrity media machine.
While the terms of the Spears deal are unknown, the prices for the catalogs of other star recording artists have soared, with top tier performers like Bruce Springsteen, Sting and Justin Bieber receiving hundreds of millions of dollars.
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