Bruce Springsteen sells song catalog to Sony in $500 mn deal: Report

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.
 

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.
 

It is the latest in a string of catalog deals over the past year or so that includes the music of David Bowie, Bob Dylan, Paul Simon, Stevie Nicks, Neil Young and Carole Bayer Sager.
 

Warner Music bought worldwide rights to