Perhaps no one sings “Santa Claus Is Coming to Town” quite like New Jersey’s own Bruce Springsteen, with his talk of a cold, windy beach and Santa bringing a saxophone. Christmas is coming early for The Boss this year. Springsteen sold his entire song catalog to Sony Music in a deal worth $500 million. The sale gives Sony ownership over all his recorded work and songwriting. Whether it’s “Born to Run,” “Born in the USA,” “Rosalita” — you name it — Sony now owns it. That’s 300 songs spanning 20 albums and other releases.
Lots of artists have sold the rights to their work over the past few years, but the amount Springsteen is getting is a lot higher than what others received for their work. For example, Bob Dylan reportedly received $300 million for his song catalog. David Bowie was said to receive $200 million.
