Posted on 11/03/2021 8:59:11 PM PDT by nickcarraway
Bruce Springsteen is reportedly looking to sell his recorded music and publishing catalogs, and he stands to make a massive payday if a deal goes through.
The Boss is negotiating with Sony for the sale of his album catalog, though it's unclear yet whether the company will also purchase his publishing rights, Billboard reports. The publication estimates his album catalog to be worth between $145 and $190 million, while his publishing could fetch between $185 million and $225 million.
Springsteen's combined catalogs are estimated to be worth between $330 million and $415 million, and sources say the superstar's camp is seeking upward of $350 million for both.
These supersized figures reflect one of the most popular and celebrated bodies of work in rock history. According to the RIAA, Springsteen has sold more than 65 million albums in the U.S. alone, including the 15-times platinum Born in the U.S.A., the six-times platinum Born to Run and the five-times platinum The River.
The rocker is not merely coasting on former glories either. Since the beginning of 2018, Springsteen's catalog has collected 2.25 million album-equivalent units, buoyed by 2019's Western Stars and 2020's Letter to You, both of which debuted and peaked at No. 2 on the Billboard 200.
If Springsteen inks a deal, he will be just the latest in a long line of rock luminaries to unload his catalog for a huge sum. In January, Neil Young sold 50 percent of his catalog to Hipgnosis Songs Fund for an estimated $150 million — a healthy payout, but nothing compared to the sale of Bob Dylan's publishing rights to Universal Music Publishing Group, which likely exceeded $400 million. Other artists to recently sell their publishing rights include David Crosby, Stevie Nicks, Journey and Nikki Sixx.ium=referral
Springsteen doesn’t have any fans that aren’t middle aged white men and women” so anyone that buys his crap is a fool.
Springsteen admits as much in his stage play. Of course the paying audience interprets this as a 'joke' or 'modesty'. But he does kinda let the cat out of the bag.
Isn’t John Kerry a commie?
Is that the 10 million dollar horse daddy bought from the Olympic champion rider?
That horse knew the course by rote and frankly didn’t even need her on his back.
You can’t take your music catalog with you.
Nor the cash you get from selling it.
He may give some to charity, but the government will probably take one-third.
He peaked at Born to Run and Darkness on the Edge of Town, the latter being the better of the two albums...after that, it’s all garbage.
Musk could but it . . . and throw it away.
buy <—
I’ll give him fitty dollars for “Dancin’ in the Dark” and “Born to Run.”
Exactly, if he doesn't have heirs that want to manage it then might as well cash out. You can't take it with you.
Yep, and not a great talent as compared to so many others. But he earned it and it's his to do as he pleases.
Bon Jovi especially, uck
That over-rated song came out when I was in college. I've always found it boring and to this day I don't think I have ever listened to the lyrics all the way to the end. I always get bored with it and zone out on it. And yet on TV shows some guy will start playing it on the piano and everybody in the bar sings along with it.
Same for Neil Diamond's Sweet Caroline, UGH
“I seriously doubt most of those fans would call Clemons a racial slur when they met him in a bar”
If they saw him n a bar they’d probably just call him a ghost.
I had relatives of the same ethnic background (Dutch and Irish) live to be 96, 98 and 99 years old. That is a span of 22 to 27 years from Springsteen's age, 72, which is the new 62. Don't be ageist.
WHAT??? That's disgusting. Clemons was a natural genius at his instrument. Springsteen would never have gotten off the ground without him.
Hope no one bites. Worst case, he is under pressure from Obama and the globalists to use his "equity" to fund their future campaigns.
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