Are Legendary Music Catalogues Really Worth the Money?

$550 million.

That’s the reported amount of money the Boss himself, Bruce Springsteen, commanded when he sold his recorded work and songwriting rights — or, to put it simply, the rights to his entire body of music — in a blockbuster deal last year. The sale was the largest ever for a musician’s catalogue, and many legacy artists have since followed suit: Nice fellas Bob Dylan, Sting, Neil Young, and Paul Simon have raked in hundreds of millions of dollars for their life’s work, as have tenured acts including Stevie Nicks and Red Hot Chili Peppers. It seems rarely a week goes by without a “Sells Catalogue” headline making the rounds, and with some deals going for undisclosed amounts, this doubles as a fun guessing game, too.

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