Bruce Springsteen is reportedly in talks to sell his his recorded music and publishing catalogue to Sony Music. Variety reported, “While the album catalog deal is nearly done, some sources say, the publishing catalog remains in play.” Billboard estimated “The Boss'” entire package could be worth between $330 million and $415 million,
According to the report, “Selling the rights to their music is anathema to many artists, but as they reach or pass standard retirement age and begin estate planning, a sale is an attractive option — especially today, as song catalogs are hitting previously unimagined valuations and artists consider the realities of leaving their heirs with a valuable but cumbersome asset; song catalogs in particular require extensive management to optimize their value.”
SIDE NOTES
- Bruce Springsteen will release The Legendary 1979 No Nukes Concerts in HD on physical formats on November 19th, including on two CDs with DVD, two CDs with Blu-Ray, and double-LP formats.
- The film will be available globally in HD for digital download on November 16th and digital rental on November 23rd.
CHECK IT OUT: Bruce Springsteen & The E Street Band in 1979 performing “Badlands” from The Legendary 1979 ‘No Nukes’ Concerts: