Bruce Springsteen says selling the rights to his extensive back catalogue in a multimillion-dollar deal was "a timing thing" but that he still has no plans to retire.
The world-famous rocker said the sale to Sony Music Group in December last year "made sense", adding that he knew his work would be looked after.
The sale was reportedly worth $500 million dollars, making it one of the biggest single-artist catalogue deals to date.
Speaking during his first appearance on Sirius XM's Howard Stern show, Springsteen, known as The Boss, discussed his lengthy career and the decision to turn over the rights to his music.
"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," he said.
"And so it was just a timing thing and it was like, 'ok it makes sense’."
Asked if the decision was also about recognising the monetary value of his work he replied, "absolutely".
"I bumped into the luckiest job in the world because they pay you a fortune for something that I would have done for free," he said.
The musician admitted that he was not sure for how much longer he would be able to continue putting on his famously long shows - which have been known to run for up to five hours long - but that he still had plenty of options musically.
"I mean, if I got to a point where I was incapacitated or something… But up until then, I mean, look at Johnny Cash, Pete Seeger," he said.
"I played with Pete Seeger in Washington, at (Barack) Obama’s inauguration. Pete was 91 or 92, and he came out and sang This Land Is Your Land.
"So I look at those guys… I don’t know if I’ll be doing three-hour shows (when I’m older) but I have so many different kinds of music that I can play and do.
"So I can’t imagine retirement, no."
