As per some sources, it is reported that multiple Grammy winner musician Bruce Springsteen has sold his entire song catalog to Sony Music in a deal worth $500 million.
The artist sold his 20 studio albums, including classics like triple platinum album Born to Run, five times platinum The River, and 15 times platinum Born in The USA to Sony Music according to multiple US reports, and other artists have sold off the rights to their work in the last couple of years like Bob Dylan, Neil Young, Lindsey Buckingham, Stevie Nicks, Christine McVie, Tina Turner, and Shakira.
The deals are taking place as the song catalogs are more valuable to generate further revenue as they can be used for advertising and TV and movie tracks. Furthermore, Bruce Springsteen has been with the Sony-owned Columbia Records since his debut days and his first album released in 1973.
Net Worth Of Bruce Springsteen
The 20 Grammy winner musician, Bruce Springsteen, had a net worth of $81 million by Forbes in 2014. He was listed in rank 5 in the World’s Highest-Paid Musician 2014. But according to Celebrity Net Worth, the singer-songwriter Bruce Springsteen has a net worth of $650 million in 2021.
The singer started his career performing with various brands and was even complimented as the most remarkable composer by music critic Philip Elwood in 1970. He landed a record deal with Columbia Records in 1972, and he rose to popularity after a show at New York’s ‘Bottom Line Club’ in 1975. His third album, Born to Run, peaked on Billboard 200 at No.3, and ‘Born in the USA’ became his best-selling albums, with seven singles hitting the Top 10 and selling 45 million copies worldwide in 1984.
The singer was inducted into the Rock and Roll Hall of Fame in 1999. He has won 20 Grammys, two Golden Globes, and an Academy Award. He was also awarded The Kennedy Center Honors in 2009 and was honored at the American Academy of Arts and Sciences in 2013.
Bruce Springsteen Married Life
Bruce Springsteen was married to a model and actress, Julianne Philips, in 1985. They were in love, but the singer had feared commitment and eventually doubted the actress’s love for him, and he even convinced himself how she was only after his fame which was not the case.
In his autobiography, Bruce had written, “Nothing could’ve been farther from the truth. Julianne loved me and didn’t have an exploitive or malicious bone in her body.” He shared how he failed as a partner to Julianne as he began to fall for his band-mate Patti Scialfa and wrote, “She’s a woman of great discretion and decency and always dealt with me and our problems honestly and in good faith, but in the end, we didn’t really know. I placed her in a terribly difficult position for a young girl and I failed her as a husband and partner.”
They ultimately divorced in 1989, and he had shared in his autobiography that he dealt with the split abysmally by insisting that everything between them remained quiet as demanded by the actress Philips. She wanted a no-talk divorce settlement.
The singer Bruce had fallen for Patti Scialfa and got married to her. They are perfect for each other. They first met when Patti was singing at a bar called The Stone Pony. The singer invited Patti to be the backup singer in his E Street Band’s Born in The USA tour in 1984. Eventually, they got attracted to each other while working together and got married in 1991.
Patti’s art teacher, Curtis K. Smith, had shared to People in 1988 that Patti was always looking for Bruce and said, “Patti’s been in love with Bruce for as long as I can remember. We’d always heard from Michael. It wasn’t a big surprise around here when it finally came into the open.”
The couple is now married for 30 years and shares three children together. They welcomed their oldest child, Evan James, in 1990 and Jessica Rae, their middle child, in 1991, the same year they got married. Their youngest member, Sam Ryan, came in 1993.
The singer has revealed in his memoir, Burn to Run, how he dealt with depression, saying, “It feels dangerous and brings plenty of unwanted thought. Demise and foreboding were all that awaited.” He also shared how his wife, Scialfa helped him saying, “By her intelligence and love she showed me that our family was a sign of strength, that we were formidable and could take on and enjoy much of the world.”
The singer has his 19th studio album and his concert film named Western Stars. He has shared that the messages in the film are his love letters to his wife and said, “We’re always trying to find somebody whose broken pieces fit with our broken pieces and something whole emerges. I think you can’t have deep experience without error, mistakes, pain. That’s all just a part of human existence. So what does art do and music? Music is – it’s a repair shop. So I’m basically a repairman. And I’m trying to repair myself. If I do that well enough, I will help repair you while I’m doing it.”