Britney Spears has raised eyebrows after recently selling her music catalogue for a whopping fee believed to be around $200 million.
Sources have now revealed that there was a “suffering” behind the scenes that caused the pop star to make the sale.
Reports suggest Britney Spears had money issues after not releasing any new songs or touring, with the singer recently sharing that she “will never perform in the U.S. again.”
Real Reason Britney Spears Sold Her Music Catalogue
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Following Spears’ sale of her iconic music catalogue to publishing giants Primary Wave, sources have come forward to claim there was an underlying reason behind her decision to sell.
According to the Daily Mail, an insider close to the star shared that her “heavy spending” is a major factor behind her decision, while another explained that a sad reality everyone will eventually come to face is that her music career may be done and over with.
“Everyone has to be realistic with Britney’s future, including herself, so selling her catalog was wise because she isn’t going to get back into music,” the second source told the news outlet.
The “Toxic” singer has made several disturbing headlines in recent times due to her behavior, and recently got called by her ex-husband, Kevin Federline, in his memoir, in which he claimed Spears once held a knife while watching their kids sleep.
Following the sale of her catalog, she was recorded flouting the law as she held up her phone to her face while behind the wheel of her Mercedes-Benz SUV. The move is illegal in California under the “No Touch” law.
The Pop Star Is ‘Really Suffering’ Without Her Vegas Show, Source Claims
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Spears has not released a full studio album since 2016 and has not toured since 2017, fueling speculations that she is done for good with performing.
Although she has sold the rights to her catalogue, her right to perform the hits she has been known for still remains intact.
According to the news outlet, the singer can still take to the stage and perform her songs just like she did with her four-year Las Vegas residency, “Britney: Piece of Me,” which ran from 2013 to 2017.
“Without her Vegas shows, she is really suffering,” the first source said, per the Daily Mail. “Those shows made her a fortune, but that ended years ago, sadly. The best thing for her is to go back to Vegas to perform again and have a steady paycheck, but I don’t think she wants to work that hard.”
Britney Spears Isn’t ‘Making Money Spinning’ On Social Media
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According to the second insider, Spears needs a proper source of income to maintain her lifestyle, like her peers in the industry, such as Jennifer Lopez.
“That’s why you see people like JLo still do stuff – to keep the money rolling in,” the second source opined, adding that the singer “isn’t making money spinning around in her living room every day.”
They continued: “Britney has plenty of money, but since she doesn’t do music anymore, since she doesn’t tour anymore or have a residency, there are only certain money-making ventures coming in, like her perfume line or her book.”
The Pop Star Reportedly ‘Spends Like Crazy’ As She ‘Does Not Have Any Limits’
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Over the years, Spears has tried out several money-making ventures, including the release of her 2023 memoir “The Woman In Me,” which saw her receive a $15 million advance fee.
However, the first source noted that the singer still “needs to bring in money,” especially because she spends a lot and keeps traveling.
“Britney spends like crazy, she does not have any limits, she is always traveling and buying new clothes, and she has a large staff to pay,” the source said.
Meanwhile, one source denied the claims that the singer is having money problems, telling the Daily Mail, “Britney is not low on money, it’s just a good time to sell her catalog because the marketplace is hot at the moment.”
“It’s more about streaming rights,” the source added. “By selling her catalog now, she makes more money on streaming.”
Britney Spears Vows To Never Perform In The U.S.
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It remains to be seen if Spears will ever perform again, but back in January, she took to social media to share that she “will never perform in the U.S. again” for “extremely sensitive reasons.”
Sharing a throwback photo of herself beside a Yamaha piano, she captioned the post: “Sending this piano to my son this year!!! Interestingly enough, I dance on IG to heal things in my body that people have no idea about. Yup, and it’s embarrassing sometimes… but I walked through the fire to save my life.”
Meanwhile, she teased the possibility of performing in other countries like the U.K. and Australia with her son, leaving many to speculate what her reasons for sidelining the U.S. were.
“I will never perform in the U.S. again because of extremely sensitive reasons, but I hope to be sitting on a stool with a red rose in my hair, in a bun, performing with my son… in the UK and AUSTRALIA very soon,” she said.
Spears added, “He’s a huge star, and I’m so humbled to be in his presence!!! God speed, little man!!!”
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.yahoo.com ’
