In what may be the biggest deal in music for an individual body of work, Bruce Springsteen has sold his masters to Sony Music and his music publishing to Sony Music Publishing in a combined deal that sources tell Billboard is in the area of $500 million. Sony has been in negotiations to purchase Springsteen’s album catalog, while the superstar was also shopping his publishing catalog, which Universal Music Publishing Group has been administering, at the same time.
Source: Bruce Springsteen Sells His Masters and Music Publishing to Sony in $500M Deal