Bruce Springsteen sells his music catalog to Sony

After Bob Dylan, Neil Young and Paul Simon,

also

.

Negotiations for the sale to Sony of the rights to the recorded songs of the "Boss" are in the pipeline, while there are still points to be filed for the sale of the song catalog.

'Billboard' learned this, confirmed by 'Variety'.

Springsteen has worked with Columbia Records (which belongs to Sony) since 1972 but at some point in his career, while revising a contract, he bought all the rights to his music.

Until a few years ago it was very rare for musicians to sell their catalogs.

The trend has become more and more frequent in the months of the pandemic, as the rock greats age and begin to plan succession by monetizing their artistic production on behalf of the heirs.

Dylan reportedly sold his entire catalog to Universal Music last year for an estimated $ 300 million, while Paul Simon sold the rights to 60 years of songs to Sony, Mick Fleetwood of Fleetwood Mac has turned to BMG and Dolly Parton is also thinking of doing so.