Bruce Springsteen (72) has sold the rights to his music to Sony for $ 500 million.
Billboard and other media write that the artist from New Jersey has entered into an agreement with the company.
Sony has so far not commented on the news.
For what on Thursday is equivalent to just over 4.5 billion Norwegian kroner, Sony gets both the rights to a record catalog with titles such as “Born in the USA” and “The River”, as well as the rights to release Springsteen’s music.
With this agreement, Springsteen joins the ranks of rock musicians of his generation who have sold their music rights, reports Rolling Stone. They list Bob Dylan and Neil Young, among others. The sales have taken place after the pandemic made it difficult to make money at concerts.
Good shot
According to estimates, “The Boss” has previously recorded around 65.5 million dollars on sales of their records, in the United States alone.
A question after the sale is whether commercial interests such as commercials will be able to use Springsteen’s music in the future.
When Neil Young mentioned, who only sold the rights to half of his catalog, entered into a similar agreement, one of the points of agreement was that the songs could not be used for advertising.
With fresh billions on the books, it could also drip on her daughter Jessica Springsteen (29), who this autumn has ridden on a team with Norwegian Geir Gulliksen in show jumping. The two ride on Bjørn Rune Gjelstens team «Scandinavian Vikings» in the Global Champions League, which is the show jumping version of football’s Champions League.
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