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Bruce Springsteen Sells His Masters, Music Publishing To Sony For $500m

Posted by Remlik (aka Remlik) Dec 15 '21, 16:16

As had been hinted at previously, BRUCE SPRINGSTEEN has sold his recorded masters and publishing catalogs to SONY in a $500 million deal, according to a report in BILLBOARD..

SPRINGSTEEN had been shopping both his recorded album catalog and publishing, which UNIVERSAL MUSIC PUBLISHING had been administering.

SPRINGSTEEN's album catalog has sold 65.5 million copies in the U.S., including the 15-times-platinum "Born In The U.S.A." His music has generated 2.25 million consumption units in the U.S. since 2018, according to MRC DATA, with estimates of $15 million in revenue in 2020.with a gross profit of $9.6 million, giving it a valuation of between $145 and $190 million His publishing catalog brings in about $7.5 million per year., giving his catalog an estimated value of $185 million to $225 million. The reported price tag of $500 million dwarfs the total of $415 million in va

Responses:

audio and/or video of live shows, where does that fit in? There is a lot of money in releasing them over time. -- nm - Peglegpete Dec 15, 16:21 5
- YouTube demonetizes videos on a case by case. I believe that's when the ad revenue starts going to the publishing rights holder -- nm - con_carne Dec 15, 18:35
- Never thought about that, but that’s a great question. -- nm - MDH Dec 15, 16:44 1
  - He has a whole XM channel and they have a lot of live stuff. -- nm - MDH Dec 15, 16:45
- TBH I'm not sure. That's a good question that I've wondered about as well -- nm - Remlik Dec 15, 16:29 1
  - I read 2 articles since my question, and no mention of them. -- nm - Peglegpete Dec 15, 16:39

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Bruce Springsteen Sells His Masters, Music Publishing To Sony For $500m

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