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IOL News
16-05-2025
- Entertainment
- IOL News
Justin Bieber's $200 million music catalogue sale: a tune-up for financial woes
A new TMZ document delves deeper into Justin Bieber's ongoing financial woes. Image: Instagram Justin Bieber has been all over the headlines lately, and his social media behaviour has also been pretty wild. He has been going through a lot, and now reports are letting fans in on what has been going on behind the scenes. A new TMZ documentary, 'TMZ Investigates: What Happened to Justin Bieber?', reveals that Bieber's financial woes stem from a combination of financial mismanagement, legal disputes, and cancelled tours, leaving him in a shaky financial spot. Bieber's relationship with manager Scooter Braun reportedly turned sour over financial issues after his 2022 'Justice' world tour was cancelled due to health problems, specifically his diagnosis with Ramsay Hunt syndrome, which caused facial paralysis. During his world tour, Bieber was set to perform at Cape Town's DHL Stadium on September 28 and Johannesburg's FNB Stadium on October 1. The tour is named after his 2021 hit album, 'Justice'. The Canadian pop star sold the rights to his music catalogue for around $200 million (more than R3.5 billion) in December, trying to get some funds back. His manager, Braun, apparently advised him to wait until January for tax benefits, but Bieber went ahead with the sale anyway. A dispute with Braun and HYBE, the parent company of Braun's management firm, has also been ongoing, with differing claims about management fees. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Bieber's team asserts that Braun was overpaid by $26 million (over R460 million), while HYBE America's audit suggests Bieber owes Braun $8.8 million (approximately R159 million) in unpaid compensation. In the midst of these financial challenges, the sale of his music catalogue has raised questions. His team maintains that this was a strategic move for long-term financial security. However, the circumstances surrounding the sale have sparked questions. Additionally, Bieber was previously hit with a $380,000 (around R7 million) bill for unpaid property taxes on his $16.6 million (over R290 million) Coachella Valley home. Amidst these financial disputes, Bieber is reportedly considering legal action against his former financial managers, including Braun and HYBE. Bieber's representatives have denied allegations of financial distress, describing the rumours as baseless and misleading. They claim his financial status is stable and attribute negative portrayals to attempts to tarnish his image. The 'Peaches' hitmaker is the youngest musician to sell their music catalogue.
Yahoo
09-05-2025
- Sport
- Yahoo
Carter boosts Dragons for Stormers trip
United Rugby Championship: Stormers v Dragons Venue: DHL Stadium, Cape Town Date: Saturday, 10 May Kick off: 17:15 BST Coverage: Watch live on S4C & BBC iPlayer. Dragons have captain Ben Carter back to face Stormers for Saturday's United Rugby Championship (URC) game in Cape Town. The second row is one of three changes made by head coach Filo Tiatia for the penultimate league fixture of the season, with full-back Huw Anderson and centre Harry Wilson both making returns. Back row Dan Lydiate makes his 150th league appearance. Damian Willemse will play his 100th game for Stormers, lining up at centre alongside Wandisile Simelane, with Ben Loader on the wing in the only other change to the starting backline. Prop Brok Harris will not feature against his former side due to a knee injury, but will be in attendance at the DHL Stadium as he ends his career with more Stormers caps than any other player. Ex Dragon Harris denied 'fitting' send off - Jones Regions in jeopardy unless WRU deal is signed Dragons confirm De Beer signing from Cardiff Dragons name fly-half Lloyd Evans among the replacements, alongside recalled hooker James Benjamin, prop Paula Latu, scrum-half Dane Blacker and wing Ashton Hewitt. Tiatia said: "We're happy to be in South Africa and we are under no illusion to the challenge against a very good Stormers side. "They are pretty good at getting gain line, second in those league stats, so they like to play. "We are trying to build two weeks of bringing some clear identity of how we want to finish and how we want to play. "This group is also not going to be the same moving to next season, so it is important that the players finish strong, and we control what we can control, which is our preparation to help with performance. "The players have galvanised after a couple of disappointing results. To come over here and play in Cape Town against a good Stormers side is a good challenge." Stormers: Warrick Gelant: Ben Loader, Wandisile Simelane, Damian Willemse, Seabelo Senatla; Sacha Feinberg-Mngomezulu, Stefan Ungerer; Vernon Matongo, Joseph Dweba, Sazi Sandi, Salmaan Moerat (capt), Ruben van Heerden, Paul de Villiers, Marcel Theunissen, Evan Roos. Replacements: JJ Kotze, Ali Vermaak, Zachary Porthen, Connor Evans, Louw Nel, Paul de Wet, Dan du Plessis, Suleiman Hartzenberg. Dragons: Huw Anderson; Harry Rees-Weldon, Harry Wilson, Aneurin Owen, Jared Rosser; Angus O'Brien (co-capt), Rhodri Williams; Rhodri Jones, Brodie Coghlan, Chris Coleman, Ben Carter (co-capt), Ryan Woodman, Shane Lewis-Hughes, Dan Lydiate, Aaron Wainwright. Replacements: James Benjamin, Dylan Kelleher-Griffiths, Paula Latu, Joe Davies, Barny Langton-Cryer, Dane Blacker, Lloyd Evans, Ashton Hewitt. Referee: Andrea Piardi (FIR) Assistant referees: AJ Jacobs (SARU), Hanru van Rooyen (SARU) TMO: Gianluca Gnecchi (FIR)
NBC Sports
12-03-2025
- Sport
- NBC Sports
South Africa, Buenos Aries, and London to host inaugural World Supercross rounds
The World Supercross Championship has announced three rounds of the 2025 season, all of which will mark the first time a WSX race has been held in the respective market. These markets are Buenos Aries, Argentina; London, England; and Cape Town, South Africa. Buenos Aries will host a round in a newly-built stadium in the central part of the city, London's round will be held at London Stadium, and Cape Town will be contested at DHL Stadium. London will be the third different location for the British Grand Prix, which was held in Cardiff, Wales, in 2022, and Birmingham in 2023. A round was not hosted in the United Kingdom in 2024. 'Expanding World Supercross to new cities like Buenos Aires and London marks a defining moment for the championship,' said Tom Burwell, CEO of World Supercross said in a news release. The world's best supercross riders racing in these iconic cities reflects our commitment to growing the sport globally and delivering unforgettable experiences to fans everywhere. 'Bringing World Supercross to Latin America, with its vibrant culture and passionate supercross fanbase, has been a goal from the moment we took the reins of the championship earlier this year. London, with its world-class facilities and rich sporting legacy, is another perfect destination for us. We can't wait to witness the incredible energy of fans in both cities and experience the electric atmosphere they'll bring to the track.' The 2025 season marks the fourth edition of the international supercross series. 'It's exciting to see World Supercross making its way to Argentina and return to the UK,' said 2024 champion Eli Tomac. 'Buenos Aires and London are both such vibrant cities, and hosting races there shows the championship's dedication to bringing supercross to iconic locations around the world. Expanding to places like this is a big move for the sport and sets the stage for even more growth.' Ken Roczen won the first two championships (2022 and 2023) over Joey Savatgy. Tomac won the title last year over Ken Roczen; Savatgy kept his streak of podium finishes alive with a third-place standing in 2024. The Cape Town race will be the first time the series has visited the continent of Africa. 'Expanding our racing calendar into Africa is a historic milestone for World Supercross and a reflection of our ambition to bring supercross to fans in every corner of the globe,' Burwell said. 'South Africa has a rich sporting heritage, and we're excited to put on a show with world-class riders and a fan first experience. Cape Town's DHL Stadium is a spectacular venue, and we're excited to showcase our championship in such an iconic location.'
