No public announcement has been made about the transaction, which closed in recent weeks, and specific terms were unknown.
Bob Dylan, Paul Simon, Stevie Nicks, Shakira, Neil Young and many other stars have sold all or parts of their work for prices reaching into the hundreds of millions.
Springsteen, 72, has been with Columbia Records, a unit of Sony Music, for the entirety of his five-decade career, and has long controlled the rights to his recordings.