Bruce Springsteen has sold his music’s masters and publishing to Sony Music for a reported total of $500 million, according to Billboard.

 

The Boss has been signed to Sony’s Columbia Records since he launched his career, and was previously given ownership of his earlier albums. But now the label owns his wide-spanning catalog, which includes the 15-times platinum album Born in the U.S.A. and five-times platinum album The River.

All told, Springsteen’s discography spans 300 songs, 20 studio albums, and 23 live recordings.

 

Springsteen’s deal is the latest transaction involving a veteran artist looking to cash in on their back catalog -  especially as the pandemic put a halt to touring.

Bob Dylan, Paul Simon, Stevie Nicks, Lindsey Buckingham, Mick Fleetwood, Shakira, Jimmy Iovine, and David Crosby have all parted ways with their publishing for a hefty chunk of change in recent months.