Bob Dylan Sells The Rights Of His Recordings

Legendary US folk musician Bob Dylan has sold the rights to all of his recordings to music giant Sony Music Entertainment.

The agreement also applies to “future new releases,” Sony said today. A purchase price was not mentioned. The industry magazine “Variety” spoke of 150 to 200 million dollars (132 to 176 million euros). According to Sony, the agreement was concluded last July, but has only now been made public.

May your song always be sung
And may you stay forever young

Bob Dylan signed to Columbia Records in 1961 and today Sony Music announced it has fully acquired his entire catalog of recorded music, as well as the rights to multiple future new releases. pic.twitter.com/hdVaHGkuhi

— Sony Music News (@sonymusicnews) January 24, 2022

By the end of 2020, Dylan had already sold the rights to his compositions and lyrics to Sony competitor Universal Music. At that time there was talk of a price of around 300 million dollars. The rights to the songs and the recordings of the pieces are separate.

Known for classics like “Blowin’ In The Wind” and “Like a Rolling Stone,” Dylan, now 80, has worked with Sony for decades. In 1961, the singer-songwriter signed a contract with Columbia Records, which was later taken over by Sony, and released his debut album “Bob Dylan” there.

There has been a real hype about the rights to the music of well-known artists for some time. Big music companies paid huge sums for the catalogs of musicians like Bruce Springsteen, David Bowie, Stevie Nicks and Paul Simon.Bob Dylan Sells The Rights Of His Recordings To Sony.