Bruce Springsteen Sells His Masters and Music Publishing to Sony in $500M Deal

[curr3n_c1000]

Bruce Springsteen Sells His Masters and Music Publishing to Sony in $500M Deal

Bruce Springsteen has sold his masters to Sony Music and his music publishing to Sony Music Publishing for a combined $500 million.

www.billboard.com

Another one sell their catalogue.

 

[shack]

Bruce Springsteen Sells His Masters and Music Publishing to Sony in $500M Deal

Bruce Springsteen has sold his masters to Sony Music and his music publishing to Sony Music Publishing for a combined $500 million.

www.billboard.com

Another one sell their catalogue.

I imagine that they are mainly doing it for their families and future generations. As you get older, your priorities change.

 

[poker]

The consequences…. These new stake holders want to earn off their investment. Classic rock will be pushed in TV commercials and movie soundtracks, squeezing out opportunities for newer artists to compete. Less opportunities, and less money for new music, well the quality suffers.

 

[onomatopoeia]

... Classic rock will be pushed in TV commercials ...

Often with new lyrics. I'm still waiting for "We'll I've been running down the road, tryin' to loosen my load, I've got Met-a-mucil on my mind..."

I imagine that they are mainly doing it for their families and future generations. As you get older, your priorities change.

Hundreds of recording artists lost their master tapes in the 2008 Universal Studios fire. That might also have played a part in his decision.

 

[shack]

Hundreds of recording artists lost their master tapes in the 2008 Universal Studios fire. That might also have played a part in his decision.

Yup. There's lots of valid reasons. It's not always about selling out for greed.

 

[poker]

Springsteen already had more money than he knows what to do with. And that catalog still earns him more than I will ever see in a lifetime. It was not greed. It was estate planning for the family.

 

[onomatopoeia]

Yup. There's lots of valid reasons. It's not always about selling out for greed.

Bruce and The E Street Band got equal shares of the gate for concert appearances, which is highly unusual. They received a salary for time spent in the studio recording, and Bruce got the mechanical royalties for album sales and publishing; I don't think he ever recorded a song written by one of the band members. That's still very generous; front men usually pay the band considerably less than they receive themselves for live shows.

 

[shack]

Bruce and The E Street Band got equal shares of the gate for concert appearances, which is highly unusual. They received a salary for time spent in the studio recording, and Bruce got the mechanical royalties for album sales and publishing; I don't think he ever recorded a song written by one of the band members. That's still very generous; front men usually pay the band considerably less than they receive themselves for live shows.

I guess that even though he was very demanding of his band, things like you've described made him a good "Boss".

BTW, his concerts were consistently the best I've ever seen and I saw him/them about 8 times. Nobody else ever had so much energy and seemed to be having so much fun.

I saw him the 1st time he came to Toronto around Xmas 1975. He played a gym at Seneca College. It was called the Seneca Field House. The next day I went out and bought his catalogue at the time, Greetings From Asbury, The Wild, The Innocent... and Born To Run. He was immediately my favourite artist.

 

[Brill]

I guess that even though he was very demanding of his band, things like you've described made him a good "Boss".

BTW, his concerts were consistently the best I've ever seen and I saw him/them about 8 times. Nobody else ever had so much energy and seemed to be having so much fun.

I saw him the 1st time he came to Toronto around Xmas 1975. He played a gym at Seneca College. It was called the Seneca Field House. The next day I went out and bought his catalogue at the time, Greetings From Asbury, The Wild, The Innocent... and Born To Run. He was immediately my favourite artist.

I was at the same Seneca show, my favourite concert of all time.

 

[curr3n_c1000]

I imagine that they are mainly doing it for their families and future generations. As you get older, your priorities change.

Half a billion isn't a bad haul.

He can take that and invest somewhere else.

 

[Robert Mugabe]

I guess that even though he was very demanding of his band, things like you've described made him a good "Boss".

BTW, his concerts were consistently the best I've ever seen and I saw him/them about 8 times. Nobody else ever had so much energy and seemed to be having so much fun.

I saw him the 1st time he came to Toronto around Xmas 1975. He played a gym at Seneca College. It was called the Seneca Field House. The next day I went out and bought his catalogue at the time, Greetings From Asbury, The Wild, The Innocent... and Born To Run. He was immediately my favourite artist.

As mentioned. I was at that concert too.
Did you go to the one there with City Boy and Beebop Deluxe? Around the same time.

 

[shack]

I was at the same Seneca show, my favourite concert of all time.

Very cool.

Actually, it was fucking freezing standing outside for an hour prior. And they only let us in through one set of doors.

 

[onomatopoeia]

Overnight, I got the September 17, 1978 show from The Palladium on the Darkness on the Edge of Town Tour. I'm listening to it for the first time. It appears to be the complete show, (2 hours, 51 minutes), with soundboard audio, 320 kbits/sec .mp3. I saw the Montreal show on November 8. Bruce was two feet away when he sang part of Spirit in the Night in the audience. I'll provide a link where you guys can hear this show online, or download the file, (392 MB), within the next few days. If you want it sooner, you can always install WinMX, (google WinMX 3.54 patch), and download directly from the guy sharing it.

WinMX is an oldschool peer to peer file sharing/ trading app. It was the largest such app in the early 2000's, before there were bit torrents. It was shut down at its peak in 2004 or 05, but resurrected shortly thereafter, and has been under the radar ever since. It still has a loyal core of users, but many fewer that at its peak. It's a good place to find older movies and .mp3 music files, but a wide variety of file types are shared. Users chose which folders on their own computers will contain files they want to share with other people.

WinMX is different from torrents in that you connect directly with one or more users who have all or part of a file you want. All files are downloaded sequentially, as opposed to a random sequence of chunks with torrents. There are chat rooms and private messaging - in the past, negotiating trades was a big part of the process. You can also browse the shared library of anyone currently connected by right clicking their handle in search results, a chat room, or from an upload or download. It's common to browse someone downloading from you, and selecting something of theirs to receive in return.

With a relatively small number of new users and a large number of long term members, there's often no waiting time in queue to start a download. The guys sharing porn often have 100+ in queue.

Most of this show was recently posted on YouTube:

So look for my link, if you want to keep a copy, or hear an unedited version of Jungleland.

 

[downbound123]

If Springsteen was a good "Boss" then it could be argued that James Brown was a bad "Boss" or at least more demanding and less tolerant. But in the final analysis it is the final product on which the artist is judged and James Brown certainly delivered there, as did Springsteen.


Band leadership
Brown demanded extreme discipline, perfection and precision from his musicians and dancers – performers in his Revue showed up for rehearsals and members wore the right "uniform" or "costume" for concert performances.[76] During an interview conducted by Terri Gross during the NPR segment "Fresh Air" with Maceo Parker, a former saxophonist in Brown's band for most of the 1960s and part of the 1970s and 1980s, Parker offered his experience with the discipline that Brown demanded of the band:

You gotta be on time. You gotta have your uniform. Your stuff's got to be intact. You gotta have the bow tie. You got to have it. You can't come up without the bow tie. You cannot come up without a cummerbund ... [The] patent leather shoes we were wearing at the time gotta be greased. You just gotta have this stuff. This is what [Brown expected] ... [Brown] bought the costumes. He bought the shoes. And if for some reason [the band member decided] to leave the group, [Brown told the person to] please leave my uniforms . ...
— Maceo Parker[77]

Brown also had a practice of directing, correcting and assessing fines on members of his band who broke his rules, such as wearing unshined shoes, dancing out of sync or showing up late on stage.[78] During some of his concert performances, Brown danced in front of his band with his back to the audience as he slid across the floor, flashing hand signals and splaying his pulsating fingers to the beat of the music. Although audiences thought Brown's dance routine was part of his act, this practice was actually his way of pointing to the offending member of his troupe who played or sang the wrong note or committed some other infraction. Brown used his splayed fingers and hand signals to alert the offending person of the fine that person must pay to him for breaking his rules.[79]

Brown's demands of his support acts were, meanwhile, quite the reverse. As Fred Wesley recalled of his time as musical director of the JBs, if Brown felt intimidated by a support act he would try to "undermine their performances by shortening their sets without notice, demanding that they not do certain showstopping songs, and even insisting on doing the unthinkable, playing drums on some of their songs. A sure set killer."

 

[onomatopoeia]

Mary Had a Little Lamb by Bruce Springsteen
(this was part of my early 80's stand up comedy routine).

"Back home, back home in,ah, like, Asbury Park, y'know, there was, like, this one girl...and her name, see, was Mary...and now Mary, Mary she like, she like, she like had...this, this, this lamb, didn't she, Big Man?"

 

[ogibowt]

i like this one...Stevie starts singing at the 48 second mark

 

[ogibowt]

and of course this one....Buddy Guy..The Man....BTW the audience was sedated

 

[Sonic Temple]

Good for him, songs are great and always give 110% in his shows.

 

[ogibowt]

Good for him, songs are great and always give 110% in his shows.

and you know what ST ?...he was humble enough to give the spotlight to some artists who were with him on stage...Roy Orbison and Darlene Love come to mind...

 

[IM469]

Bruce Springsteen Sells His Masters and Music Publishing to Sony in $500M Deal

Bruce Springsteen has sold his masters to Sony Music and his music publishing to Sony Music Publishing for a combined $500 million.

www.billboard.com

I fear for the future. I hear any of Springsteen's classics, I'm thrown back to my youth and the respect I have for the artist. I'm guessing for this amount of money, the artist has absolutely lost any control how these songs are used. Scumbag politicians can use them as campaign themes tying the song to some perverted cause that would make the artist gag. As pointed out the commercial use of these songs could be product themes, movies may use them during the brutal and bloody rampage scene of alien invaders, etc.

Then a new generation will arrive that the songs remind them of products, disgraced politicians, warped cults, or movie scenes but not the artist or the great body of work that he made.

I like it when the family estate retains the profits and controls how the music is used.