Bruce Springsteen sells his music, songwriting catalog to Sony for $550 million

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Sony Music Group announced December 16 that it had acquired musician-songwriter Bruce Springsteen’s “entire recorded music and songwriting catalogs through separate agreements.”

The deal includes more than 300 songs and 20 studio and 23 live recordings spanning five decades of a career that began with the release by Columbia Records in 1973 of Springsteen’s debut album, Greetings from Asbury Park, N.J. Columbia was sold to Sony Music Group by CBS Records Group in 1988.

In the press release, Springsteen said, “I am one artist who can truly say that when I signed with Columbia Records in 1972, I came to the right place. During the last 50 years, the men and women of Sony Music have treated me with the greatest respect as an artist and as a person. I’m thrilled that my legacy will continue to be cared for by the Company and people I know and trust.”

Bruce Springsteen…

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