What BandLab and Bruce Springsteen tell us about the music business at the end of 2021
2021 was another year in which capital continued to flow into the music business at pace. Two deals that got over the line before year end have shone an interesting light on the differing strategies that are underpinning this investment: Bruce Springsteen sold his catalogue to Sony Music for between $500-550 million ,while BandLab raised $53 million against a valuation of $303 million.
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