Report: Bruce Springsteen to Sell Catalog for $500 Million in Biggest Transaction for an Artist Ever The musician has reportedly inked a lucrative deal with Sony Music.

By Emily Rella Edited by Jessica Thomas

Opinions expressed by Entrepreneur contributors are their own.

Looks like The Boss was Born to Run straight to the bank with the deal he reportedly just closed on his music catalog.

According to the New York Times, which cited sources familiar with the deal, Bruce Springsteen has closed a deal to sell his entire music catalog to Sony Records for a cool $500 million.

The catalog includes songs Springsteen recorded himself and also wrote as a songwriter, and it would mark the biggest catalog transaction ever for any one single artist.

Springsteen's most recent album, Letter to You, was released in October of 2020 and marks his 20th studio album.

The artist has also released 73 singles, 23 live albums, seven box sets, eight compilation albums and eight extended plays.

He is the seventh-highest-selling male artist of all time in the U.S., sitting directly behind George Strait, who has sold 69 million albums.

According to Celebrity Net Worth, the musician is worth an estimated $650 million and racks up more than $80 million per year when he's touring.

Among his entire discography, he's sold over 65.5 million album copies in the U.S. alone and 150 million records worldwide.

Springsteen has not yet publicly commented on the reported deal.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business News

Zillow Predicts These 10 Places Will Have the Hottest Housing Markets in 2025

Zillow predicted that the hottest housing market of 2025 will be Buffalo, New York. Here's why.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'Masculine Energy Is Good': Mark Zuckerberg Tells Joe Rogan He Thinks Companies Need More Aggression

On the most recent episode of "The Joe Rogan Experience," Meta CEO Mark Zuckerberg said corporate culture has become "neutered."

Business News

'More Soul-Crushing Than Ever': Popular Hiring Platform Finds Around 20% of Its Postings Were 'Ghost Jobs'

Is that job listing too good to be true? There's a one-in-five chance that it might be.

Growing a Business

5 Risk-Taking Lessons From Founders Who Bet Big and Won

Discover the bold moves and strategic risks that catapulted these entrepreneurs to success. Learn how their fearless decisions can inspire your own path to growth.