Catalogue sale
Bruce Springsteen: $550M moved in 2021
Sold his recorded music and songwriting catalogue to Sony Music in the largest artist catalogue deal on record.
The figure
- Amount550,000,000 US dollars
- CategoryCatalogue sale
- CorridorNewark, United States → New York, United States
- Distance14 km apart
- Year reported2021
- Documentation confidence91/100
What that amount buys
$550M is roughly 7 long-range private jets, 1.3K median-priced US homes, or 6.8K years of median US household income.
Bruce Springsteen is publicly known as musician. The arc drawn for this entry joins Newark and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →