Roger Friedman over at FOXNews.com (yeah, I know) writes that an impending new Springsteen release (very likely E Street Band, not side project Bruce) might bail some water out of the sinking ship that is Columbia Records.
I don't mention it often on this blog, but I was almost NAMED after Bruce Springsteen, and from an early age I've been indoctrinated into the Boss's church. I know every record by heart, and I cherish his contribution to rock and roll. That said, there's no way Columbia is ever going to see black ink again with Sprinsteen after the 100 million contract they gave him to continue to record for them. That kind of money simply doesn't happen in the record business anymore. The touring business? Sure, maybe. The record business? No way. Not anymore.