The New York Times reports:
Bruce Springsteen has sold his music rights to Sony Music Entertainment in what may well be the biggest transaction ever struck for a single artist’s body of work, according to two people briefed on the deal.
The arrangement, which has been gossiped about in music industry circles for weeks, includes both Springsteen’s recorded music catalog and his body of work as a songwriter.
It will give Sony ownership of Springsteen’s complete collection of classic songs like “Born to Run,” “Born in the U.S.A.” and “Blinded by the Light.”
Read the full article.
Breaking News: Bruce Springsteen sold his music rights to Sony in a deal that may exceed $500 million in value, people briefed on the matter said. https://t.co/93GV2zDeO0
— The New York Times (@nytimes) December 16, 2021