Bruce Springsteen In Talks to Sell Recorded Music Catalog to Sony Music

Sony is in negotiations to purchase Bruce Springsteen’s recorded-music catalog, three decades after he won it back from the major label. While it is unknown what the asking price is for Sony to acquire complete ownership of his masters — which could mean no longer paying royalties to Springsteen depending on how the deal is structured — Billboard estimates that the albums carry a valuation of between $145 million and $190 million.

Source: Bruce Springsteen In Talks to Sell Recorded Music Catalog to Sony Music