Setting a Node.js Object to data read from a file

I want to read data from a file and add it to an Object stored in memory. The data in the file text.txt looks roughly like this:

One: {title: 'One' ,
contributor: 'Fred',
summary: 'blah' ,
comments: 'words' },

Two: {title: 'Two' ,
contributor: 'Chris' ,
summary: 'blah blah i'm a blah' ,
comments: '' },

I'm trying to set it to an empty Object like so:

var fs = require('fs');
var text = Object.create(null);
fs.readFile("./public/text.txt", "utf-8", function(error, data) {
  text = { data };
});

However, when I log text to the console, it comes out looking like this:

{ data: 'One: {title: \'One\' ,\ncontributor: \'Fred\',\nsummary: \'blah\' ,\ncomments: \'words\' },\n    \nTwo: {title: \'Two\' ,\ncontributor: \'Chris\' ,\nsummary: \'blah blah i\'m a blah\' ,\ncomments: \'\' },\n\n' }

Apparently, it's reading data as a key. What I really want, though, is something more like so:

{
  One: {title: 'One' ,
  contributor: 'Fred',
  summary: 'blah' ,
  comments: 'words' },

  Two: {title: 'Two' ,
  contributor: 'Chris' ,
  summary: 'blah blah i'm a blah' ,
  comments: '' },
}

Any advice here would be much appreciated.