At an investor relations meeting in May, Sony Music’s chief executive, Rob Stringer, said the company had spent $1.4bn in acquisitions over the previous six months. That included a multi-million dollar deal to obtain the rights to Paul Simon’s back catalogue.
“Last Thursday, at the Harvard Square theatre, I saw rock’n’roll past flash before my eyes,” Landau wrote. “And I saw something else: I saw rock and roll future and its name is Bruce Springsteen.