General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBruce Springsteen Sells Publishing Catalog to Sony for $500 Million
Bruce Springsteen has sold his publishing catalog to Sony for a reported $500 million, as Billboard reports.
The musician has sold his masters to Sony Music and his publishing to Sony Music Publishing in a combined deal, according Billboard sources. A rep for Sony declined to comment on the deal. Springsteen has remained with Sonys Columbia Records since he launched his career, and was given ownership of his earlier albums. According the the RIAA, his album catalog has sold 65.5 million in the U.S., which includes his 15-times platinum Born in the U.S.A. and five-times platinum The River. A rep for Springsteen did not immediately return Rolling Stones request for comment.
Springsteen is the latest in a long line of veteran artists that have parted ways with their publishing rights in the past couple of years. That list includes Bob Dylan, Paul Simon, Stevie Nicks, Lindsey Buckingham, Mick Fleetwood, Shakira, Jimmy Iovine, and David Crosby.
Time is passing, Neil Young explained to fans after news of his deal broke. I want to cover my family and my art.
A good father plans on how to take care of his children.
https://www.yahoo.com/entertainment/report-bruce-springsteen-sells-publishing-004124052.html
Zambero
(8,965 posts)I'm sure that particular tune by The Boss is included!
Skittles
(153,182 posts)must be nice
Deuxcents
(16,312 posts)My bet he shares with his E Street band n others who made it possible..hes that kind of man
Response to Deuxcents (Reply #3)
Chin music This message was self-deleted by its author.
Cicada
(4,533 posts)Herb Albert donated so that no music student at Los Angeles City College has to pay tuition. He has been charitable in many many other ways as well. I wonder what Bruce will do with $350 million.
Response to Cicada (Reply #4)
Chin music This message was self-deleted by its author.
Cicada
(4,533 posts)dclarston13
(412 posts)Bruce gives up control of his life's work for money? He already has lots of money.