NYT: Bruce Springsteen sells entire song catalog to Sony Music, worth $500 million

New Jersey native Bruce Springsteen is reportedly selling his entire song catalog to Sony Music for $500 million, according to the New York Times.
The deal is the largest transaction yet for a single artist's catalog.
The move gives Sony ownership all of Springsteen’s songwriting and recorded work, including more than 300 songs and 20 albums, among other projects.