Bruce Springsteen (72) sold the rights to his music to Sony for $500 million.
Since his breakthrough in the mid-1970s, Bruce Springsteen has delighted people all over the world with his bold guitar sound and deep, distinctive sound. Now, Sony Music Entertainment has secured the rights to his music and its costs.
The famous rocker earns $500 million, or NOK 4.5 billion, in the purchase agreement with Sony, The New York Times writes.
According to her, neither record label Sony nor Springsteen has commented on the sale Wednesday night Newspaper.
The agreement guarantees the record company the rights to release new music from Springsteen as well as the right to the entire album, according to painting. Thus, Sony received such popular album titles as “Born in the USA” and “The River”. The former has sold more than 30 million copies.
The 72-year-old has owned E Street Band as a backing band since 1972 and has performed 24 concerts in Norway over the years. The first in 1981 and the last in 2016.
In the past two years, marked by epidemics and concert difficulties, Springsteen has kept himself busy with other things. Among other things, he has had a podcast, “Rebels: Born in the United States” with former President Barack Obama. The duo also published a book of the same title earlier this fall.
Bruce Springsteen opened up about depression and mental health when he visited Scaflan in 2016:
“Infuriatingly humble web fan. Writer. Alcohol geek. Passionate explorer. Evil problem solver. Incurable zombie expert.”