Why Bruce Springsteen’s $500M deal signals a ‘perfect storm’ brewing in music

“The Boss” is cashing in — and that could have big implications for the music business.

This week, Bruce Springsteen sold both his master recordings and publishing rights to Sony Music in a deal worth north of $500 million, according to multiple outlets. Sony Music and Springsteen did not immediately respond to Yahoo Finance’s request for comment. 

Sony has been Springsteen’s home for the past five decades. Thanks to this deal, the studio will now have full ownership of the rocker’s entire…


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