The estate of Leonard Cohen has sold the publishing rights to the legendary songwriter’s entire catalog for an undisclosed sum, according to Reuters. In a press release, the buyer, Hipgnosis Songs Fund, said the sale includes the rights to “all 278 songs and derivatives” written by Cohen, including “Hallelujah” and “First We Take Manhattan.” Cohen died in 2016. Hipgnosis, a …
When ‘The Boss’ is worth $500 million, it’s time for stars to sell their back catalogs
"It's scorching hot... Hot, hot, hot!"
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 …