HomeWorld NewsBob Dylan sells his entire catalog of recorded music to Sony Music

Bob Dylan sells his entire catalog of recorded music to Sony Music

The recording firm described the deal for 60 years value of music as a “landmark agreement” in a statement. The deal was concluded in July final 12 months, however introduced Monday.

The deal consists of “the entirety of Bob Dylan’s recorded body of work since 1962,” in accordance to Sony Music, starting with his self-titled debut album and persevering with by way of 2020’s “Rough and Rowdy Ways.” Sony added the settlement additionally consists of the rights to a number of future releases from Dylan.

While the corporate did not disclose the worth of the deal, Billboard magazine estimates that the recordings are value about $200 million, primarily based on the income they generate.

“I’m glad that all my recordings can stay where they belong,” Dylan, 80, mentioned in a press release.

Dylan and Sony Music have a protracted historical past, courting again to October 1961, when he signed with Columbia Records, which is owned by the recording firm, and recorded his debut album that very same 12 months.

This is not the one mega deal Dylan has signed in recent times. In December 2020, he had offered his entire catalog of songs — which is separate from recorded music rights and covers music and lyrics — to Universal Music Publishing Group. At that time, the settlement was thought-about a significant shift for the singer and songwriter, who had managed a lot of his personal mental property.
Dylan has numerous famous tracks, together with “The Times They Are a-Changin’,” “Like a Rolling Stone” and “Mr. Tambourine Man.”

In 2008, he gained a Pulitzer Prize particular quotation for “his profound impact on popular music and American culture, marked by lyrical compositions of extraordinary poetic power.” In 2016, Dylan was awarded the Nobel Prize in Literature for “having created new poetic expressions within the great American song tradition.”

He’s offered greater than 125 million data and continues to carry out worldwide.

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