Bruce Springsteen: the Boss has his eyes on big payday with Sony
Bruce Springsteen is in talks to sell the rights to his recorded music to Sony Music, along with his publishing catalogue.
While the musician, 72, known to his fans as The Boss, has been with Sony Music’s Columbia Records since he first signed with the label in 1972, he regained the rights to his music over the course of his career through contract renegotiations, according to Billboard. The magazine estimates Springsteen’s albums are valued between $145 million and $190 million.
The star’s payday for selling all of his rights ultimately could be between $330 million and $415 million. This would be in line with the $400 million figure that Bob Dylan is said to have received when he sold his song catalogue to Universal