Bruce Springsteen has no plans to put his feet up just yet despite selling his back catalogue of music for a reported $500million.
The singer, 73, sold the rights to his music to Sony Music Group in December for a reported $500million (£435million) but says he made the decision based on ‘timing’ rather than wanting to retire.
Bruce revealed on Sirius XM’s Howard Stern show: ‘I just got to a point in my life where, you know, I’m 73 years old and it was going to Columbia [Records] who I knew was going to take really good care of it.
‘And so it was just a timing thing and it was like, “ok it makes sense.”‘
The deal is reportedly one of the biggest single-artist catalogue deals to date, and Bruce admitted it was ‘absolutely’ about recognising the monetary value of his work.