Bruce Springsteen sells music catalogue to Sony in record-breaking US$500 million deal
- The transaction includes classic songs by The Boss, like Born to Run, Dancing in the Dark and Born in the USA
- In the nearly 50 years since the release of debut album Greetings from Asbury Park, NJ, Springsteen’s music has been stitched into the fabric of US culture
The Boss is getting a Christmas bonus.
Bruce Springsteen has sold his entire catalogue of music, including his master recordings and song publishing catalogue, to Sony Music Entertainment in a blockbuster deal that reportedly could be worth US$500 million.
The record-setting transaction, which includes classic songs “Born to Run”, “Dancing in the Dark”, “Born in the USA” and hundreds of others stretching back nearly 50 years, will send Springsteen’s recorded masters to his long-time home Sony Music and his song publishing to its corporate sibling, Sony Music Publishing.
The Boss’ holiday payday, which was first reported in Billboard, is the largest in a string of deals since 2019 that has seen classics of American music sold to major music houses.
Artists including Stevie Nicks, James Brown, Neil Young and Paul Simon have sold either parts of all of their work in recent years.