When ‘The Boss’ is worth $500 million, it’s time for stars to sell their back catalogs

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Bruce Springsteen’s entire back catalog – including songwriting and recordings – reportedly cost Sony Music Group north of $500 million. Even before the official announcement of the purchase in May, Sony Music Group’s chairman, Rob Stringer, told investors he’s spent about $1.5 billion just on music acquisitions since the beginning of the year. “Including rights to some of the most …

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