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Report: Bruce Springsteen Sells His Masters, Music Publishing To Sony For $500m

As had been hinted at previously, BRUCE SPRINGSTEEN has sold his recorded masters and publishing catalogs to SONY in a $500 million deal, according to a report in BILLBOARD..SPRINGSTEEN had been shopping both his recorded album catalog and publishing, which UNIVERSAL MUSIC PUBLISHING had been administering.SPRINGSTEEN s album catalog has sold 65.5 million copies in the U.S., including the 15-times-platinum "Born In The U.S.A." His music has generated 2.25 million consumption units .

Report: Bruce Springsteen In Talks With Sony For His Recorded Music, Publishing

BRUCE SPRINGSTEEN is shopping both his recorded music and publishing catalogs, with an estimated price tag between $330 million and $415 million, according to BILLBOARD. Sources say discussions are underway with SONY MUSIC, where he s spent his entire career, for the sale.Streaming has revitalized artist catalogs, with UNIVERSAL acquiring BOB DYLAN s catalog,and HIPGNOSIS garnering half of NEIL YOUNG s catalog and all of LINDSEY BUCKINGHAM s. STEVIE NICKS, RYAN TEDDER and DAVID CROSBY are .

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