Bruce Springsteen's record deal with Sony US division Columbia is up, and word has it he is yet to agree a new one. The same word says that Springsteen reps Jon Landau and Allen Grubman are busy testing the water to see if anyone else will bite. Apparantly Springsteen remains on good terms with Jimmy Iovine, who he worked with on his breakthrough album 'Born To Run' back in 1975, which might make Iovine's Universal division Interscope Geffen A&M a favourite. However, Springsteen is reportedly after $50 million, and some doubt anyone but SonyBMG would be able to afford that - they can justify the expense on new material because it helps them shift their Springsteen back catalogue too.
Jul 21, 2005
•
1 min read
Springsteen looking for a new deal
Bruce Springsteen's deal with Sony's Columbia is reportedly up, with his reps testing the market and reportedly seeking $50 million from labels including Interscope.