Bruce Springsteen has sold his music rights to Sony Music Entertainment in what may well be the biggest transaction ever struck for a single artist’s body of work. News of the deal, which covers the entirety of Springsteen’s work as a recording artist and songwriter, emerged late Wednesday, with no comment from Sony or Springsteen. But on Thursday, Sony — which owns the Columbia label, the home for Springsteen’s recordings for five decades — confirmed the sale. “I am one artist who can truly say that when I signed with Columbia Records in 1972, I came to the right place,” Springsteen said in Sony’s statement. “During the last 50 years, the men and women of Sony Music have treated me with the greatest respect as an artist and as a person.

Source: New York Times December 17, 2021 14:00 UTC