Bruce Springsteen Sells Publishing Catalog to Sony for $500 Million

Bruce Springsteen Sells Publishing Catalog to Sony for $500 Million

Bruce Springsteen Sells Catalog

Bruce Springsteen Sells Publishing Catalog. According to Billboard, Bruce Springsteen has sold the masters of his entire catalog to Sony Music, as well as the corresponding music publishing rights to Sony Music Publishing, in a deal worth around $500 million. Springsteen’s discography includes more than 300 songs, 20 studio albums, 23 live LPs, 7 EPs, and other releases.

Springsteen’s albums have been released by Sony imprint Columbia Records for the entirety of his 50-year career. In the late 1980s and early 1990s, he was given ownership of his earlier records as an inducement to re-sign with the label. According to Billboard, Springsteen was in negotiations with Sony last month to sell his album catalog while also shopping around his publishing catalog, which was under Universal Music Publishing Group.

This agreement comes one year after Universal Music Publishing Group paid more than $300 million for Bob Dylan’s extensive publishing catalog. The master rights to Taylor Swift’s first six albums were also sold for more than $300 million in 2019.

Letter to You, Springsteen’s most recent studio album, will be released in October 2020. Last month, he reissued The Legendary 1979 No Nukes Concerts. Return to earlier this year’s “The Bruce Springsteen and Barack Obama Podcast Is Just Two Guys Talking About Hope.”