We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Bruce Springsteen Sells Music Catalog To Sony For $500 Million; Are Career Songbooks Hollywood’s Next Goldmine?
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Bruce Springsteen Sells Music Catalog To Sony For 0 Million; Are Career Songbooks Hollywood’s Next Goldmine?
The Tycoon Herald > Business > Bruce Springsteen Sells Music Catalog To Sony For $500 Million; Are Career Songbooks Hollywood’s Next Goldmine?
BusinessEntertainment

Bruce Springsteen Sells Music Catalog To Sony For $500 Million; Are Career Songbooks Hollywood’s Next Goldmine?

Tycoon Herald
By Tycoon Herald 3 Min Read Published December 16, 2021
Share
SHARE

Springsteen, at the apex of his global fame, performing ‘Born in the U.S.A.’ in 1984 (Photo by David … [+] Tan/Shinko Music/Getty Images)

Getty Images

Over the last 12 months, as streaming and studio mergers and consolidation milestones crowded the entertainment headlines, the music business has quietly shaken up conventional wisdom with mega-deals for singer-songwriters.

Bob Dylan, Paul Simon, Fleetwood Mac, Stevie Nicks, David Bowie, Neil Young and many other high-profile artists and estates have made deals to sign away their life-long rights, in the low to mid-nine figures, many since January this year.

What’s behind this sudden rush towards catalog ownership, and these mega-valuations?

Conventional wisdom points to the exploding music streaming market (led by Spotify), that has resulted in unexpected royalties in the tens of millions of dollars to artists with catalogs that were once simply nostalgic, but now extremely valuable and potent.

Reportedly, Springsteen’s work threw off over $15 million in sales in 2021 alone.

“The Boss” (a nickname Springsteen himself winces over), has commanded the largest known price tag so far, at $500 million, signaling that Sony has meaningful plans for his discography that will likely extend far beyond background music for pharmaceutical ads or other cringe-worthy and dreaded sales jingles.

Recommended For You

With beloved titles ranging from Born to Run to The Rising spanning a 50-year recording career, Sony will seek to exploit Springsteen’s work across many platforms, including but not limited to:

— Spotify and other domestic and global music streaming apps

— Reissues of existing albums and re-packaging/re-imagining of existing songs

— Broadway adaptations of classic songs or full albums

— Film and TV adaptations of the same

— Licensing opportunities for Film, TV, Theater and Gaming

— Web 3 digital exploitation

Once exclusively the voice of the New Jersey working class, now a 20 time Grammy winner, Oscar winner, Tony winner and Presidential Medal of Freedom winner, Springsteen’s consistent output and commitment to remaining a relevant songwriter and performer has catapulted him beyond the mainstream and into that rare class of globally-recognized music icons.

How Springsteen’s intellectual property gets monetized over the coming months, years and decades will help feed and influence the value of future career artists, from Jay Z to Taylor Swift and beyond.

Let’s just hope Sony has the good sense and restraint not to allow “Hungry Heart” to be used as a commercial for McDonald’s MCD . 

Then again, why not?

You Might Also Like

Freddie Freeman’s Aunt Almost Missed WS House Run at Stadium Concessions

SZA Shares A Bunch of Sizzlin’ Snaps Throughout Halloween Week

Britney Spears’ ‘Gimme Extra’ Leather-based Vest Going Up For Public sale

Kelly Osbourne First Birthday With out Ozzy, Celebrates With Sharon and Household

Bob Saget’s Widow Kelly Rizzo Posts Touching Tribute on Seven-Yr Anniversary

TAGGED:EntertainmentThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
West Ham switch information: Lucas Paqueta desires to go away the Hammers in January – Paper speak and soccer gossip
Sports

West Ham switch information: Lucas Paqueta desires to go away the Hammers in January – Paper speak and soccer gossip

The highest tales and switch rumours from Wednesday's newspapers...Premier LeagueWest Ham United have been dealt a recent blow after it emerged that Lucas Paqueta is eager to go away the…

By Tycoon Herald 3 Min Read
Frente al auge de las apuestas deportivas, estados buscan frenar la adicción al juego – KFF Well being Information
October 28, 2025
Israel launches renewed strikes in Gaza lower than 3 weeks into Trump’s ceasefire deal
October 28, 2025
SZA Shares A Bunch of Sizzlin’ Snaps Throughout Halloween Week
October 28, 2025
Carlos Alcaraz suffers shock three-set defeat to British No 2 Cameron Norrie in second spherical on the Paris Masters
October 28, 2025

You Might Also Like

TMZ Streaming Reside, Come Into Our Newsroom and Watch Issues Occur!
Entertainment

TMZ Streaming Reside, Come Into Our Newsroom and Watch Issues Occur!

By Tycoon Herald 1 Min Read
Adrian Peterson Admitted To Boozing At Poker Recreation Hours Earlier than DWI Arrest, Cops Say
Entertainment

Adrian Peterson Admitted To Boozing At Poker Recreation Hours Earlier than DWI Arrest, Cops Say

By Tycoon Herald 3 Min Read
GloRilla Will get Courtside Kisses From Brandon Ingram, Cute Second Caught on Video
Entertainment

GloRilla Will get Courtside Kisses From Brandon Ingram, Cute Second Caught on Video

By Tycoon Herald 2 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
BusinessEntertainment

NCT 127’s New Album Became One Of The Bestselling Of All Time Before It Was Released

LOS ANGELES, CA - OCTOBER 09: NCT 127 attends the 2018 American Music Awards at Microsoft…

By Tycoon Herald
Trending

Pfizer Will Allow Its Covid Pill to Be Made and Sold Cheaply in Poor Countries

DURBAN, South Africa — Pfizer announced a deal on Tuesday to allow its promising Covid-19 treatment…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?