Big Law
Sony Buys Bruce Springsteen’s Music Catalog in a Massive Deal
Bruce Springsteen has sold his music rights to Sony Music Entertainment in what could be the biggest deal ever struck for a single artist’s body of work.
The transaction, which has been rumored in the entertainment industry for a while now, includes Springsteen’s recorded music catalog as well as his entire body of work as a songwriter, Sony announced in a press release on Thursday evening.
The terms of the deal were not provided. However, Billboard reported earlier in the day that its value may exceed $500 million, citing people familiar with the terms.
