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04.01 - 11:27
Bruce Springsteen sells song catalogue to Sony for $500m
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Bruce Springsteen has sold his entire song catalogue to Sony Music in a deal worth $500m, according to anonymous sources speaking to Billboard and the New York Times.
The sale, which encompasses his recorded work and his songwriting, will give Sony ownership of one of the most admired bodies of work in pop and rock: over 300 songs spanning 20 studio albums plus other releases.
The huge sum dwarfs even the reported $300m paid by Universal for Bob Dylan’s songwriting catalogue in December 2020, and the reported $150m paid for a 50% share of Neil Young’s catalogue to the UK investment fund Hipgnosis in January 2021.
Numerous other artists have sold off the rights to their work in the last couple of years, including Lindsay Buckingham, Stevie
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