

Springsteen's megadeal is only the latest of many throughout the last couple of years, in which investors, majors music production labels and private equity firms - attracted to the rise of streaming and its financial muscle for years to come - have pumped billions of dollars into buying song catalogs. The sale will give Sony ownership of the rock music legend's entire catalog, including 15-times platinum album 'Born In The U.S.A' and five-times platinum 'The River,' Billboard reported. Multiple Grammy winner Bruce Springsteen has sold his masters and music publishing rights to Sony Music in a deal worth about $500 million, entertainment publication Billboard said on Wednesday, citing sources.

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SUNNY EUROPE CATALOGUE 2018 PROFESSIONAL
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