flyangler

Bruce now a half billion richer

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No word yet on how many millions will be given to the Salvation Army....

 

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Bruce Springsteen has sold the master recordings and publishing rights for his life’s work to Sony for a reported $500m (£376m).

 

The deal gives Sony ownership of his 20 studio albums, including classics like Born To Run, The River and Born In The USA, according to multiple US news reports.

A 20-time Grammy winner, Springsteen’s music generated about $15m in revenue last year.

 

His deal follows similar sales by Bob Dylan, Blondie and David Bowie.

 

Warner Music bought the worldwide rights to Bowie’s music in September, and Dylan sold his catalogue of more than 600 songs in December last year to Universal Music Group at a purchase price widely reported as $300m

 

The deals provide immediate financial security to the artists and their estates, while the rights-holders hope to profit by building new revenue streams for the music via film and TV licensing, merchandise, cover versions and performance royalties.

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2 mins ago, Stryper Snyper said:

He should pay his fare share.  Actually he should give it all away.  After all at some point you've made enough money. 

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500 mil for a songs that make me change stations........ NFT's make more sense than that.

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Just now, Otter said:

You guys are gonna get it when koq finishes up the goal setting and comes in here sprung from cages on highway 9 

KoQ is off the Springsteen bandwagon.  And doesn't like to be reminded of the 78 shows he attended.

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Just now, Otter said:

You guys are gonna get it when koq finishes up the goal setting and comes in here sprung from cages on highway 9 

LOL He is gonna prove it all night.

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