Bob Dylan Sells Entire Recording Catalogue To Sony
NDTV
Bob Dylan's deal with Sony is separate from his blockbuster publishing sale to Universal.
Bob Dylan sold his entire back catalog of recorded music along with "the rights to multiple future new releases" to Sony Music Entertainment, the company announced Monday.
Sony did not disclose the financial terms of the deal. In late 2020 the iconic artist, 80, had already sold his songwriting rights -- separate from recording rights, which govern reproduction and distribution -- to Universal, in a deal estimated to be worth more than $300 million.
According to industry reports including from Billboard and Variety, the latest Dylan deal was worth upwards of $200 million.
Sony said it closed the recording rights transaction in July 2021, a tightening of Dylan's six-decade relationship with the company.